About Us

John Duggan

John Duggan (Co-founder & CEO)

Padraig Nolan

Padraig Nolan (Co-founder & COO)

Keith Doyle

Head of Technology & Innovation

Paul Kelly

Head of Financial Advisory Team

LoanITT Management Team

LoanITT’s Co-Founders met at University while studying for an MSc in Computational Finance. They then went on to accumulate over 15 years’ international experience in Risk, Technology & Consumer Credit at Senior Management level, notably with multinational financial institutions such as Barclays, Bank of America, AIB and AFEX.

LoanITT Senior Management Team have over 50 years accumulated international experience in Technology, Risk & Consumer Credit with multi-national institutions.

LoanITT was set up to eliminate complexity and hassle when applying for finance.

What We Promise

LoanITT works with a panel of lenders in Ireland using advanced technology to provide you with the best access to finance.

We have designed a cutting-edge technology platform that streamlines the credit application process for all users to service the credit market.

At LoanITT, we are passionate about improving the process of applying for credit, offering a quick, easy and digital experience to all users.

Thanks to our panel of lenders, we’ll help find the right deal for you, whether you’ve got good credit, bad credit, or somewhere-in-between credit.

You will have access to your own dedicated Qualified Financial Advisor who will talk you through the entire process and make your life easier and you can keep up-to-date with every part of the process.

February 2019
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September 2019
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November 2019
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March 2020
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April 2020
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Founded
LoanITT was founded in February 2019 on the back of opportunities identified in the Consumer Credit market. Recent Changes in European Regulation - PSD2 allows Third Party Providers such as LoanITT to hold account and credit information and provide services to consumers with an AISP License. LoanITT was founded to create innovative Tech solutions which help digitalise customer processes and remove the need for documentation.
Entrepreneur of the year finalist
LoanITT was a National Finalist in Irelands Young Entrepreneur of the Year 2019, winning the Kilkenny Entrepreneur of the Year and South East regional competitions along the way in the Best Idea category.
Finance platform launched
LoanITT’s market entry was into the car financing and leasing (“F&L”) market. 95% of the F&L market is currently supplied through an intermediary in a very cumbersome, labour intensive process for all stakeholders – e.g. consumers, intermediaries (car dealers) and the lenders. LoanITT aims to launch Open Banking solutions to the car finance market at the end of 2020 totally removing the need for documentation in the process.
Enterprise of the year
LoanITT won the Kilkenny County Enterprise Award for 2020, announced by the Local Enterprise Office Kilkenny on 6th March 2020. at the Strategic Policy Committee for Economic Development, Enterprise Support and Tourism, Planning and Development at Kilkenny County Council as part of a very successful Local Enterprise Week programme of events. They will now represent Local Enterprise Office Kilkenny at the 22nd National Enterprise Awards later in the year. This award was recognition for the rapid growth in the company and innovation its technology is bringing to the market.
Open banking exchange
Company has begun work on its Open Banking Exchange Platform. This technology is to be Bank and API agnostic with the objective of providing a data interchange of account information for the purposes of new B2C and B2B scenarios for Financial Institutions across multiple verticals.
Grant Thornton innovation hub
LoanITT was one of a select few asked to join the GT Innovation Hub where the programme’s goal is to enable Financial Services Providers (FSPs) to innovate and test solutions in a safe and secure environment at reasonable costs. By working with Grant Thornton, FSPs & FinTechs can reduce the time and risk in bringing innovative products and business models to market.
Roadmap
Early success and we’re just getting started...