Tuesday 27 September 2016

Technology: Rubicoin seals €1.2m in funding

Published 18/08/2016 | 02:30

John Tyrell and Emmet Savage, Rubicoin
John Tyrell and Emmet Savage, Rubicoin

Irish fintech startup Rubicoin has raised €1.2m in funding as the company looks to expand into new markets. The funding round was completed through new and existing investors and brings the total amount raised by the firm up to €3m.

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The company has developed a suite of investing tools with the aim of making investing more accessible. Rubicoin's Invest app, which allows users to buy stocks quickly has now been opened up to over 140 countries after previously only being available in the US.

The firm was co-founded by Emmet Savage  and John Tyrell three years ago. The pair set out to design a product that could make millions of successful stock investors by making the whole process more engaging.

"We recently opened up our Invest by Rubicoin app to users across the world which has so far created tens of thousands of new stock investors," Mr Tyrell said. "Our latest funding round will assist our successful expansion into new markets."

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