[Ireland] Dispute between Revolut and financial software company resolved

[Ireland] Dispute between Revolut and financial software company resolved
02 Mar 2022

In Ireland, the Commercial Court has heard that a dispute between an Irish financial software solutions company and Revolut over the use of an identical or similar payroll trademark has been resolved, The Irish Times reports.

Ardbrook Ltd and its parent company, Relate Software Developments, sued Revolut claiming it was infringing its “PayDay” payroll system which provides payroll services to some 4,000 customers, including small to medium-sized businesses, schools, credit unions, semi-state bodies and sporting organisations.

The PayDay trademark is held in the name of an associate company, SurfAccounts Ltd, under Irish and EU registrations.

Revolut launched its PayDay sign in the UK in August 2021 and in Ireland that September. Online payment firm Revolut Ltd is a UK-born startup and financial app which is licensed as a bank in Lithuania and operates as a bank in 10 central European countries.

The case was admitted to the Commercial Court in December 2021.

On February 28, 2022, Michael Howard SC, for Ardbrook, told Mr Justice Denis McDonald the matter had been settled.

The judge agreed to strike out the proceedings with liberty to re-enter


Source: The Irish Times

In Ireland, the Commercial Court has heard that a dispute between an Irish financial software solutions company and Revolut over the use of an identical or similar payroll trademark has been resolved, The Irish Times reports.

Ardbrook Ltd and its parent company, Relate Software Developments, sued Revolut claiming it was infringing its “PayDay” payroll system which provides payroll services to some 4,000 customers, including small to medium-sized businesses, schools, credit unions, semi-state bodies and sporting organisations.

The PayDay trademark is held in the name of an associate company, SurfAccounts Ltd, under Irish and EU registrations.

Revolut launched its PayDay sign in the UK in August 2021 and in Ireland that September. Online payment firm Revolut Ltd is a UK-born startup and financial app which is licensed as a bank in Lithuania and operates as a bank in 10 central European countries.

The case was admitted to the Commercial Court in December 2021.

On February 28, 2022, Michael Howard SC, for Ardbrook, told Mr Justice Denis McDonald the matter had been settled.

The judge agreed to strike out the proceedings with liberty to re-enter


Source: The Irish Times

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