Business insolvencies rose by 41% in the first quarter of the year with SMEs accounting for 85% of all business failures, according to PwC's latest Insolvency Barometer. If this trend continues, PwC forecasts insolvencies will [...]
Funding for Irish startups and scaleups fell by 17pc to €204m in the last quarter of 2023 from €245m a year earlier, according to new figures from the Irish Venture Capital Association. Deals in the [...]
Fifty two percent of Irish SME businesses raised their prices in the second quarter. This is according to the latest Linked Finance SME Confidence Index, based on research conducted by Behaviours & Attitudes. Inflation Squeeze [...]
Leading payment request platform Prommt has announced that it has extended its partnership with one of the world’s top payment brands, FreedomPay, to the US market. This partnership builds on existing collaboration in Europe and was announced today [...]
Sunguard Availability Systems, the digital transformation system provider, has been bought by Viatel Technology Group. Details of the price paid for the business have not been disclosed. "Sungard AS delivers innovative and critical services from [...]
50 jobs are being created by Dublin headquartered digital services group, and client of CFO Services, Viatel Technology. The new positions will be added over the coming 18 months, bringing to 325 the total number [...]
A brace of new “unicorns” helped Ireland to a record €1.3bn haul in tech funding over the last year, new figures show. Funding for Let’s Get Checked (€123m), medical devices firm Mainstay Medical (€89m), fintech [...]
Dublin-based telecoms service operator Viatel Group has today announced a deal for digital transformation services provider ActionPoint for an undisclosed sum. The Limerick headquartered company provides cutting-edge software development and managed IT services to over [...]
The Guinness Enterprise Centre, a startup hub nestled in the old stables of Dublin’s landmark brewery, has just gotten a €10m makeover. Thanks to money from State agencies including Enterprise Ireland, a loan from the [...]
Startups across the island of Ireland are now raising more money than they were pre-pandemic. Angel investors injected €8.38m into 37 startups in the first half of 2021, 13.5pc up on the same period in [...]