Venture capital funding rose 41pc to €193m in the third quarter despite barriers thrown up by Covid-19 according to new figures from the Irish Venture Capital Association. It brings to €786m the amount raised by [...]
ID-Pal has won Merchant Anti-Fraud Solution of the Year at the 8th Annual Payment Awards. ID-Pal enables businesses to verify the identity of customers in real-time simply, securely and conveniently. The solution is easy to [...]
The Covid-19 pandemic has put small businesses under considerable financial strain relative to larger companies, with the shock to their turnover creating significant cash-flow challenges in some sectors, Central Bank deputy governor Ed Sibley said [...]
EUROZONE economic activity slipped back into decline this month as a second wave of the coronavirus swept across the continent, heightening expectations for a double-dip recession, surveys showed on Friday. Renewed restrictions to control the [...]
The cost of borrowing for lrish SMEs is more than two and a half times the euro area average, according to new interest rate data published by the Central Bank. Small businesses in Ireland were [...]
As businesses across Ireland prepare to accelerate their recovery from the impact of Covid-19, Enterprise Ireland has seen a significant increase in demand for the Sustaining Enterprise Fund (SEF) which was launched in April of [...]
Irish SMEs have lost more than €10bn in revenue as a result of the economic disruption caused by Covid-19, according to new estimates by the Central Bank of Ireland (CBI). In a financial stability note [...]
Irish online verification company ID-Pal has raised €1 million in funding to fuel expansion. The company, which was founded by Colum Lyons in 2016, is a Software-as-a-Service (SaaS) developer that provides solutions for businesses to ensure compliance [...]
Ireland's SMEs lost between €6bn and €10bn in revenue from March to June this year, according to research published this morning by the Economic and Social Research Institute (ESRI). The think-tank warned that the figure [...]
Customers will be charged up to 5pc per year to borrow under the Government's Covid-19 Credit Guarantee Scheme, well above advertised rates, once insurance fees are loaded onto bills. The scheme, one of the main [...]