Financial services company, FinTrU has today announced 300 new jobs in Derry.
The company is based at Carisle Road and Patrick Street in the city.
FinTrU is a technologically-enabled Regulatory Solutions company, specialising in the areas of KYC, Compliance, Legal, Risk & Controls and Operations.
In July last year, the company announced the establishment of a European Delivery Centre in Letterkenny and the creation of 300 jobs over the next five years.
Established in 2013 and headquartered in Belfast, FinTrU designs technology-enabled solutions for Investment Banks across the world.
FinTrU currently employs more than 1,000 people worldwide with offices in Belfast, Derry/Londonderry, Dublin, London, Maastricht, and New York. In March 2022, FinTrU was named by the Financial Times as one of Europe’s Fastest Growing Companies for the second year in a row.
Announcing the new jobs, founder Darragh Mccarthy said the latest expansion is “a significant step which will see FinTrU grow to over 1,500 employees in Northern Ireland and significantly increase our competitiveness, catapulting us into a new era of business growth.
“FinTrU is celebrating its 10th birthday in 2023 and the North West holds a special place in the heart of our business.
“Since making our first investment in Derry/Londonderry in 2018, we have been blown away by the talent and were able to surpass our initial jobs target one year ahead of schedule.
“Following the announcement of our Letterkenny site last year, our newest investment is a demonstration of our ongoing commitment to develop and champion the North West region and our staff who have helped us to grow here,” said Mr McCarthy.
Welcoming the news of the 300 new jobs in Derry, SDLP Leader and MP for Foyle Colum Eastwood said,
“I’m delighted that FinTrU has announced 300 new jobs and a skills development package for Derry. FinTrU has recognised the economic imbalance towards the Northwest, which has dragged on for decades, and has shown its confidence in this area and its people by investing significantly in our talented and skilled workforce.
“Derry needs further investment so that our young people do not have to leave their homes to have a career, go to university and start a family. These new roles and the skills development package shows commitment to Derry and the Northwest, and is a testament to the capable and educated people that Derry produces.”
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