Companies

Workers at finance start-up let go after plan to launch new Irish mortgages with An Post is delayed

MoCo is still planning to start selling loans in 2023

Moco has gone into a consultation process with several workers. Picture: Getty

Dublin finance startup MoCo is set to let go of several of its employees.

The company, which has just under 20 workers, has gone into a consultation process with a small number of its staff. It comes shortly after reports of MoCo ending talks to set up a mortgage offering with An Post.

MoCo, which registered as a business in 2020, is planning to get a licence allowing it to offer mortgages in the Irish ...