600 new jobs created by FinTrU in Belfast and Derry - Londonderry

By David Hunter

More than 600 new jobs are being created here by the financial services firm FinTru.

305 of positions will be based at a new hub in Derry-Londonderry, with a further 300 at its site in Belfast.

£38 million pounds has been invested in the expansion, with 3.2 million coming from Invest NI and 2.4million from the Department for the Economy.

Welcoming the major investment, Alastair Hamilton of Invest NI said: “Today’s announcement is another significant re-investment by FinTrU which will create over 600 new jobs for graduates and professionals in the Financial Services industry.

“We are delighted to have played such a significant role in the company’s rapid growth to date. The new jobs to be recruited over the next five years will generate over £15million in additional annual salaries for the local economy.

Darragh McCarthy, FinTrU Founder and CEO said: “Our current operation in Belfast has been hugely successful which has been driven by the exceptional talent we have been able to recruit in Northern Ireland.

"FinTrU has won two ‘Fast Growth Business of the Year’ awards in 2018 and we are delighted to continue our expansion in other areas of Northern Ireland.

 "After reviewing a number of locations, I had no hesitation about expanding our presence into the North West due to the highly attractive location and the availability of talent that the region offers.

"Whilst managed as a profit-driven organisation, I see FinTrU as having a social purpose to create high-quality professional employment in Northern Ireland."