Irish company FundSME – which links small companies with sources of finance according to what it gauges to be the best fit for their businesses – is expanding into Jamaica.
The company was set up in 2014 and this is its first venture into an international market.
FundSME charges finance providers a fee to connect them with businesses, with the lender profile ranging from traditional banks to angel investors and crowdfunding.
The move into Jamaica is in partnership with Digicel Business, a division of the telecoms firm owned by Denis O'Brien.
The FundSME.ie platform has attracted around 18,000 SMEs, helping them connect with traditional and alternative funders who have provided €20m in finance.
Use of the platform is free for SMEs.
