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Grid Finance dreams big

Digital banking start-up Grid Finance was officially launched yesterday, aiming to provide an alternative source of finance to Irish businesses and community organisations.

The firm will create ten new jobs and aims to introduce its first product in less than two weeks.

It says it wants to create "an online financial community that finances itself through modern online financial products."

Chief executive Derek Butler(left) said it wants to bring "new, funky financial products" to Ireland.