Dublin-based digital payments platform CleverCards enables businesses and public sector organisations to send digital Mastercard’s to anyone, anywhere, anytime to download instantly.
Global digital payments platform CleverCards is to create 35 new jobs after revealing it has opened 350,000 accounts.
CleverCards is an Irish fintech company that launched their payments platform in 2022.
“From facilitating tax-free benefits for hundreds of thousands of employees to streamlining the administration processes of over 5,000 businesses across Ireland, CleverCards continues to embody the essence of innovation and financial empowerment”
More than 5,000 Irish businesses have sent CleverCards digital Mastercards to their employees and customers for tax-free benefits, payouts, and expenses.
CleverCards Mastercard limits, expiry dates and spend category restrictions can be configured by employers, with real-time spend visibility, giving them complete control over business expenses paid by employees online or in-store worldwide using Apple Pay or Google Pay.
“I am particularly proud of what we have achieved here at CleverCards over the past year,” said CleverCards CEO Kealan Lennon.
“From facilitating tax-free benefits for hundreds of thousands of employees to streamlining the administration processes of over 5,000 businesses across Ireland, CleverCards continues to embody the essence of innovation and financial empowerment. I’d like to thank the Government for its support, enabling employers to provide CleverCards to employees tax-free under the Small Benefit Exemption. I look forward to further successes, pushing the boundaries of digital innovation and making Ireland a global fintech leader.”
The €1,000 tax-free non-cash benefit, designed to be versatile, contributes to the circular Irish economy. CleverCards, a pioneer in facilitating seamless transactions, is recognised for its role in getting money into the hands of employees and supporting local Irish businesses.
“Enterprise Ireland welcomes this expansion by CleverCards,” said Karen Cohalan from Enterprise Ireland.
“The growth of the company over the past three years has been driven by its agility and innovation. We look forward to working with Kealan and his expanded team in the future to support CleverCards’ ambitious plans to compete and win in international markets while continuing to create jobs here in Ireland.”
CleverCards are entirely digital and accepted everywhere online and in-store using Apple or Google Pay, with no tap limits.
“In a testament to Ireland’s thriving startup ecosystem, success stories like CleverCards continue to inspire growth,” said Minister for Enterprise, Trade and Employment Simon Coveney, TD, during a visit to CleverCards’ headquarters in Sandyford, Dublin.
“The Department of Enterprise Trade and Employment, in collaboration with Enterprise Ireland, invested €27m in Irish start-ups, supporting a total of 161 companies in 2022. Today’s announcement that CleverCards will undergo further expansion, is very welcome. It is refreshing to see Irish enterprises such as CleverCards leading the charge in advancing digital payments across Europe, positioning Ireland as a pioneer in payments-related development and innovation.”
Main image at top: CleverCards CEO Kealan Lennon with Karen Cohalan from Enterprise Ireland, Minister for Enterprise Simon Coveney, TD, and Bernie Neville from Enterprise Ireland