Irish Fintech Startup Secures 11M To Revolutionize Hospitality Tipping

Irish Fintech JustTip Poised for UK Expansion with €1.1M Funding Round

JustTip has successfully closed a €1.1 million funding round, bringing the total investment in the company to €2.1 million. Founded by entrepreneurs James Fahy and Ciara Walsh in 2021, the startup has developed a cutting-edge platform designed to streamline tipping processes for merchants in the hospitality sector.

With offices now located in both Dublin and Manchester, JustTip aims to leverage this funding to further expand its presence in the UK market. The company’s exceptional leadership team, coupled with its exceptional product expansion plans, has made it an attractive investment opportunity.

The platform used by over 600 merchants and 13,000 employees across Europe and the UK demonstrates significant growth potential for JustTip. Its tipping platform ensures that tips are paid easily, quickly, and fairly, providing transparency and fairness for hospitality workers while streamlining processes for employers.

Compliance with legislation such as Ireland’s amended Payment of Wages (Tips and Gratuities) Act 2022 is also a key differentiator for JustTip. The company provides employers with complete transparency on all tips, gratuities, and service charges, ensuring that employees receive their rightful share.

JustTip has demonstrated its commitment to innovation by winning the best new start-up award at the Tech Excellence Awards in 2022 and the Financial Services (FS) Challenger category at the 2024 FS Awards. The recent launch of a new mobile tipping solution called TipFlex for restaurants, pubs, and hotels offering table service further underscores the company’s focus on expanding its offerings to meet growing demand.

According to Glen Magee of ComOp, one of the lead investors in this funding round, JustTip’s leadership team and product expansion plans have made it an attractive investment opportunity. The funding is a huge vote of confidence in the company’s vision and will enable it to continue rapid growth into 2025 and beyond.

With this injection of capital, JustTip is poised to accelerate its product development, build stronger relationships with key stakeholders in the hospitality industry, and cement its position as a leader in the fintech space.