Linked Finance secures €50m funding for Irish SMEs

Niall Dorrian, chief executive, Linked Finance with Kieran Murphy, wwoner of Murphy’s Ice Cream

Linked Finance, an Irish peer-to-peer (P2P) lending platform, has secured backing from Portugal’s fastest-growing digital bank, Banco BNI Europa, which will deploy up to €50 million over a two-year period to lend to Irish SMEs.

Banco BNI Europa is a digital bank and alternative lending investor that has partnered with alternative lending platforms across Europe since 2016. These include leading P2P lending platforms in Germany, Belgium and Finland.

“Banco BNI Europa’s decision to ...