Business

Belfast-based LoyalBe selected for fintech growth programme

LoyalBe founder Cormac Quinn.

BELFAST-based fintech company LoyalBe has been selected for Tech Nation’s latest growth programme.

Cormac Quinn’s firm is the sole representative from Northern Ireland among the 30 companies named in the UK Government-backed ‘Fintech 4.0’.

The LoyalBe platform uses open banking technology to turn debit cards into loyalty cards, offering retailers an opportunity to engage with and understand their best customers.

The Fintech 4.0 programme, which is designed to help companies scale-up, will give LoyalBe access to insight sessions with later-stage founders, offering inside information on everything from investment and sales, to partnerships and international expansion.

It also offers regular networking opportunities with investors, venture capitalists, corporates and industry peers.

“We are entering an exciting phase of rapid growth at LoyalBe and having access to expert mentoring, support and advice through the programme will be invaluable as we scale,” said Mr Quinn.

Gary Davidson, investment lead from Tech Nation, added: “LoyalBe is transforming the loyalty space for good and it’s fantastic to see a solo founder achieve so much in such a short space of time.

“The fintech space in Northern Ireland is thriving right now and LoyalBe is at the forefront, as an outstanding example for younger founders that you can truly scale in Northern Ireland.”

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