Alternative investment platform Shuttle has been given authorisation by the Central Bank of Ireland to provide potential small investors with simple access to new markets.
Customers invest a minimum of €250 per quarter through their digital wallets, with a €250 annual fee paid on each account and a 10 per cent performance fee. “We could have looked at getting authorised elsewhere in Europe, which we were told would have been easier and quicker but we wanted the CBI’s rubber stamp,” said Mr Halligan. “It’s well known that they’re the gold star when it comes to regulation in Europe, and we think it will help show just how dedicated we are to building a safe and trustworthy business.”
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