Finance Ireland Valuation, Funding & Investors

Finance Ireland is valued at $261M as of July 2022.

Last Finance Ireland valuation

$261M

Undisclosed stage · Jul 2022

Last Finance Ireland funding round

$51M

Undisclosed stage · Jul 2022

Cumulative funding Finance Ireland raised

$83M

across 2 funding rounds

Key investors in Finance Ireland

  • PIMCO Income Strategy
  • M&G Investments
  • Ireland Strategic Investment Fund
  • M&G

Finance Ireland Overview

About Finance Ireland

Finance Ireland is a Dublin-headquartered non-bank lender leading in motor finance with over 25,000 car loans annually. It finances commercial property, SME equipment, agricultural machinery, and vehicles through financeireland.ie, supporting businesses across Ireland.


Founded

2002

HQ

IrelandDublin

Status

Privately held

Customer focus

B2B

Revenue model

Services

Valuation

$261M (Jul 2022)

Finance Ireland Valuation

Finance Ireland is currently valued at $261M, based on its undisclosed-stage round in July 2022.

The $51M round was led by M&G, with participation from PIMCO Income Strategy.

Finance Ireland valuation by funding round

Finance Ireland valuation by funding round
DateStageValuation
Jul 2022Undisclosed stage$261M

Finance Ireland Funding History

Finance Ireland has raised a total of $83M across 2 funding rounds, plus 1 secondary share sale.

Finance Ireland's first fundraising round was a $32M undisclosed-stage round in November 2016. The most recent completed round was a $51M undisclosed-stage round in July 2022.

Finance Ireland funding rounds

Finance Ireland funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2025SecondaryPIMCO Income Strategy; M&G Investments$31M--
Jul 2022Undisclosed stageM&G (lead); PIMCO Income Strategy$51M$261MFinance Ireland, Ireland's largest non-bank lender providing loans to SMEs, farmers, property professionals, and consumers, raised approximately $50.92M (equivalent to €50M) in an Unattributed - II funding round on July 6, 2022, led by M&G Investments with participation from PIMCO. This brought total funding to $156.43M across five rounds. M&G Plc and PIMCO Income Strategy (PIMCO) are noted as its two largest shareholders. The equity raise was part of shareholder transactions announced by Finance Ireland. Investors include M&G Investments, Pacific Investment Management Company (PIMCO), Ireland Strategic Investment Fund, and others from prior rounds. Later performance shows profit before tax of €20.3M in 2024 (up 95%), new lending of €646M (up 19%), and customer loan balances of €1,204M (up 14%), with cumulative lending of €7B since inception. Finance Ireland funds its mortgage business via securitization, such as Finance Ireland RMBS No. 7 DAC.
Nov 2016Undisclosed stageIreland Strategic Investment Fund (lead)$32M-Finance Ireland is a non-bank lender established in 2002 by banking entrepreneur Billy Kane, providing funding to SME, Agri, Motor, and Commercial Real Estate (CRE) sectors, including leasing, agri finance, auto, and commercial mortgages. The company works with ISIF on products like the MilkFlex Fund for low-interest loans to Glanbia dairy farmers. In 2016, it expanded operations by adding 40 new staff, reaching 85 professionals across its divisions, and was on track to provide over €300m in new lending to Irish customers that year. This followed a €25m investment from a global investment firm in late 2015. On or around November 25, 2016, the Ireland Strategic Investment Fund (ISIF) took a €30 million equity stake in Finance Ireland, marking a milestone that underpinned the company's ambitious growth plans to become a major non-bank lender offering alternatives to traditional banks. Post-transaction, ISIF and the 2015 global investor held similar equity positions. ISIF was attracted by the experienced management team and opportunities to expand SME and Agri leasing businesses, complementing other non-bank platforms it supported. The investment aligns with ISIF's mandate to invest commercially while supporting economic activity and employment in Ireland. The deal reflects ISIF's broader 2016 activity, committing over €750m to Irish investments amid a pipeline of €2.4bn opportunities across sectors like SME, agri, and technology.

Who has invested in Finance Ireland?

4 investors have backed Finance Ireland across its funding rounds, including PIMCO Income Strategy, M&G Investments, Ireland Strategic Investment Fund and M&G.

Lead investors include M&G and Ireland Strategic Investment Fund.


Finance Ireland Investors

Investors in Finance Ireland by funding rounds participated
InvestorHQRoundsRoleFirst check
PIMCO Income StrategyUnited StatesLos Angeles, CA2ParticipantJul 2022
M&G InvestmentsUnited KingdomLondon1ParticipantJul 2025

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Finance Ireland Competitors

Finance Ireland competitors include listed companies like Kina Securities, Eqdom, Vanquis Banking Group and Central Cooperative Bank, and private ones like Crescent Bank and WeBank.

Public and private companies comparable to Finance Ireland
CompanyHQStatusRevenueValuationRevenue Multiple
Kina SecuritiesPapua New GuineaPapua New GuineaPublicly listed$139M$220M1.8x
Crescent BankUnited StatesNew Orleans, LAPrivate$118M$127M1.1x
WeBankChinaShenzhenPrivate-$941M-
EqdomMoroccoMoroccoPublicly listed$207M$261M-
Vanquis Banking GroupUnited KingdomUnited KingdomPublicly listed$611M$260M0.4x
Central Cooperative BankBulgariaBulgariaPublicly listed$172M$259M-

Finance Ireland Public Comps

Finance Ireland is still privately-owned, but its public comps include Eqdom, Vanquis Banking Group, Central Cooperative Bank, Kreditbanken, Richmond Mutual Bancorp, Jaiz Bank, CAL Bank, Virginia Ntl Bankshares, Quantgroup Holding and Banque Cantonale du Jura.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eqdom$207M-4.2x---
Vanquis Banking Group$611M-0.4x0.4x--
Central Cooperative Bank$172M-1.5x---
Kreditbanken$57M-4.6x---
Richmond Mutual Bancorp$49M-5.3x---
Jaiz Bank$57M-4.6x---
CAL Bank$76M-3.4x---
Virginia Ntl Bankshares$58M-4.5x---

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Common questions about Finance Ireland

When was Finance Ireland founded?Finance Ireland was founded in 2002.
Where is Finance Ireland headquartered?Finance Ireland is headquartered in Dublin, Ireland.
Is Finance Ireland publicly listed?No, Finance Ireland is a private, VC-backed company.
What is Finance Ireland's valuation?Finance Ireland was last valued at $261M in its undisclosed-stage round in July 2022.
How much funding has Finance Ireland raised?Finance Ireland has raised $83M across 2 funding rounds.
What was Finance Ireland's last funding round?Finance Ireland's last funding round was a $51M undisclosed-stage round in July 2022, led by M&G.
Who are Finance Ireland's investors?Finance Ireland's investors include PIMCO Income Strategy, M&G Investments, M&G and Ireland Strategic Investment Fund.
Which companies are comparable to Finance Ireland?Companies comparable to Finance Ireland include Kina Securities, Crescent Bank, WeBank, Eqdom, Vanquis Banking Group and Central Cooperative Bank.

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