CreditLogic raises €1.5 million led by Martin Scott of private-equity firm Riverside

CreditLogic, a Dublin, Ireland-based startup developing a SAAS for banks, announced the completion of a €1.5 million ($1.7M) funding round.

The round was led by the company's chairman, Martin Scott, who is a partner at private-equity firm Riverside. Money will be used to accelerate CreditLogic’s product roadmap.

CreditLogic, founded in 2018 by Eddie Dillon and Gavin Bennett, created a software solution sold to banks and brokers interested to implement a loan platform faster, cheaper and more efficiently.

Priot to this round, CreditLogic raised €900k.