Sunday May 31, 2020

Mounting losses at Tralee fintech firm see debts rise to €14.56 million

Firm is backed by construction magnate George Sisk and other wealthy investors

2nd April, 2017

Continuum Commerce, the Tralee firm backed by construction magnate George Sisk and other wealthy investors, has seen losses rise to €14.56 million in 2015, up from €14.07 million the previous year.

Notes to the accounts say that the company envisages operating for the foreseeable future but that it is dependent on receiving additional funding from its primary shareholders and investors.

“In the event that such funding was not forthcoming, the company would no longer be able...

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