Pipit Global, a fintech company based in Galway, has gone live with a €300,000 crowdfunding campaign ahead of plans to raise €2 million in a Series A funding round later this year. Using Pipit, however, migrants can lodge cash directly into accounts in their home country using their mobile phones. Pipit previously closed an investment round in 2018 at a €4.2 million post investment valuation. Pipit is forecasting revenues of €10 million by 2024 and is targeting a trade sale in the next three years. Its crowdfunding campaign is live on the Irish platform, Spark Crowdfunding.

Source: The Irish Times May 07, 2021 14:05 UTC