Friday February 28, 2020

Nolan’s Sky Scanner holding valued at $30 million

Rugby app also scores big

Barry J Whyte

Chief Feature Writer

@whytebarry
11th October, 2015
4
Ray Nolan, technology entrepreneur Picture: Feargal Ward

It’s turning out to be a good month for technology entrepreneur Ray Nolan.

Sky Scanner, where he was chairman for three years, is this week being valued at $1.52 billion (€1.35 billion) as Scottish Equity Partners attempt to sell its 10 per cent stake, valuing Nolan’s 2 per cent holding at just over $30 million.

His e-commerce business XSellCo is going from strength to strength, serving as much as $6 billion worth of transactions a...

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