Mobile firm Ding ‘looking at expansion and acceleration’ with €300m investment

Pollen Street Capital acquired a majority stake in the Dublin business, which will use the money to create 50 jobs and expand further internationally

Jonathan Rockett, chief financial officer of Ding: firm is using the €300m investment to create 50 new jobs. Picture: Fergal Phillips

Ding, a Dublin based international mobile top-up business, intends to use the €300 million investment it has received from Pollen Street Capital to create 50 new jobs, broaden its product portfolio and expand into more markets.

Pollen acquired a majority stake in the business, which was founded by Mark Roden, with its investment last week. This is the first time in Ding’s 15-year history that it has taken on external investment.

“We’ve looked at taking ...