At the start of the pandemic, when stores were closed, Megan Harkin signed up to Klarna, the Swedish ‘buy now, pay later’ (BNPL) fintech app to buy clothes and accessories online, deferring payment until she decided whether she liked her purchases enough to keep them.
Digital bank Revolut has contacted Synch Payments, a mobile money-transfer application planned by the main Irish banks, with a view to joining, it is understood.
A tax scheme introduced in 2018 to help smaller firms compete with multinationals by giving shares to employees is having little effect and needs to be overhauled, Government has been told.
