Click below for coverage of IABCN’s board members and Ambassador’s Awards honorees named to the 2017 Business 100.
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New Ambassador Club members, Aer Lingus, proudly announced further expansion to their wide-body fleet with two additional Airbus A330 aircraft for 2018. This will allow them to increase their new Philadelphia route from four flights a week beginning in March 2018 to daily by May.
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AIB invests €30m in Clune payments firm TransferMate
Independent.ie
AIB has invested €30m in TransferMate in exchange for a small minority equity stake in the Kilkenny-based fintech company, the Sunday Independent has learned. The investment values the rapidly-growing international payments company at €250m to €300m, according to a source.
TransferMate – part of businessman Terry Clune’s Taxback Group – enables companies to transfer money internationally more quickly and for substantially lower fees than standard bank transfers. The two have also agreed a strategic partnership focused on providing Irish businesses access to the global payments technology platform. TransferMate has already transferred over €10bn to more than 100 countries since 2010 and secured a worldwide network of valuable regulatory licenses.
Click HERE to read more.
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