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UK fintech founders back bridging loan startup Onate’s €100m target

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Building: Onate has provided 29 residential property bridging loans since the beginning of the year

Building: Onate has provided 29 residential property bridging loans since the beginning of the year

Building: Onate has provided 29 residential property bridging loans since the beginning of the year

Two seasoned UK fintech investors, Will Neale — co-founder of mobile payments firm Fonix and an investor in €5bn-valued Revolut — and Christian Faes, who co-founded Lendinvest, have emerged as backers of Kilkenny start-up Onate.

The fintech firm has provided 29 residential property bridging loans totalling €10.3m in 20 Irish counties since the beginning of the year, with a lending target of €100m by the end of next year.


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