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Irish fintech start-up raises €1.2m in funding

Written by Robert McHugh, on 17th Aug 2016. Posted in Technology

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It was announced today that Rubicoin have raised €1.2 million in funding. 

The Irish fintech start-up has developed a suite of apps designed to transform anyone into an informed and confident investor. 

The company also announced that its Invest by Rubicoin app is now available to users around the world. To date, the app was only accessible to US customers but now with a global reach to 140+ countries, worldwide investing in their cherry picked 'showroom' is now possible. 

Through its products Rubicoin aims to demystify the stock market and create a fully accessible experience for would-be investors through a completely mobile-led offering.

Rubicoin was co-founded by Emmet Savage and John Tyrrell in 2013 as they wanted to design a product that would create millions of successful stock investors by making the investing process both engaging and enjoyable.

Rubicoin Co-Founder and CEO, Emmet Savage said, "The last year has been a period of rapid growth for Rubicoin. We graduated from NovaUCD to our new offices in Dublin’s Merrion Row with our team more than doubling from 6 to 13 employees."

He added, "We have also enjoyed a rapid increase in customer uptake, with over 150,000 app downloads in the same period. We are confident that our apps will continue to grow in popularity around the globe."

Source: www.businessworld.ie

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