The peer-to-peer lending firm Linked Finance is raising a €35 million fund to lend to Irish SMEs, its chief executive Niall O’Grady told a select group of previous investors at an invitation-only event in Dublin on Thursday. Participants heard that Linked Finance was raising €5 million from private investors like them, with over half of this already pledged. The minimum ticket is €50,000. The firm is in talks with a German bank to lend the €30 million balance to the fund. The fund is expected to last five years, with a potential break option after three years. It will target…
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