Financial tech firm Rubicoin raises €1.2m

Dublin-based financial technology company Rubicoin plans to launch its suite of stock investment apps in five more countries in the next two years on the back of its latest funding round.

The three-year-old UCD spinout company yesterday announced the raising from new and existing private investors of €1.2m; bringing to €3m the amount it has raised since its establishment in 2013.

The money will partly go towards product development but mainly to helping it launch in more countries, other than the US where its apps have until recently only been accessible.