Galway cash transfer firm closes in on €1 million of funding

27th May, 2018
Julian Callaghan and Ollie Walsh of PiP iT: ‘Our fees are 1.5 per cent. To put it into some context, for a developing nation, one year’s health insurance in Ghana is $5,’ said Walsh Pic: Michael Dillon

Galway fintech PiP iT will ramp up on both funding and staff this year as it takes its unique cash transfer technology into new territories.

Funding will reach close to €1 million when it adds private US and Kuwaiti investor money to Enterprise Ireland funds later this year.

The company, which has devised cash transfer software that helps migrants pay bills and bank money back at home while they are working overseas, partners with international...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years

The Daily Briefing