FinTech secures €570,000 from southeast business angels

Loanitt Co-founders John Duggan, CEO, and Padraig Nolan, COO which has secured €570,000 in new investment.

A financial tech startup has secured €570,000 investment to expand its operations and double its staff numbers by the end of next year.

Based in Kilkenny, credit intermediary Loanitt provides motor, agricultural, and commercial finance. The company has developed new technology and open banking solutions which streamline the credit application process and remove the need for documentation at no cost to the consumer.