- Companies
- Finance Ireland
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jul 2022 | Undisclosed 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2025 | Secondary | PIMCO Income Strategy; M&G Investments | $31M | - | - |
| Jul 2022 | Undisclosed stage | M&G (lead); PIMCO Income Strategy | $51M | $261M | Finance 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 2016 | Undisclosed stage | Ireland 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jul 2022 | ||
| 1 | Participant | Jul 2025 | ||
This data is available for Pro users. Sign up to see all 4 Finance Ireland investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialFinance 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.
| Company | HQ | Status | Revenue | Valuation | Revenue Multiple |
|---|---|---|---|---|---|
| Publicly listed | $139M | $220M | 1.8x | ||
| Private | $118M | $127M | 1.1x | ||
| Private | - | $941M | - | ||
| Publicly listed | $207M | $261M | - | ||
| Publicly listed | $611M | $260M | 0.4x | ||
| Publicly 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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $207M | - | 4.2x | - | - | - | |||
| $611M | - | 0.4x | 0.4x | - | - | |||
| $172M | - | 1.5x | - | - | - | |||
| $57M | - | 4.6x | - | - | - | |||
| $49M | - | 5.3x | - | - | - | |||
| $57M | - | 4.6x | - | - | - | |||
| $76M | - | 3.4x | - | - | - | |||
| $58M | - | 4.5x | - | - | - | |||
This data is available for Pro users. Sign up to see all Finance Ireland competitors and their valuation data. Start Free Trial | ||||||||
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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