US payment processing company Payroc is creating 75 remote jobs in Northern Ireland with a first-time investment in the region.
The new team will work from home as part of the company’s software engineering and innovation hub, and new customer services centre, with 20 roles already in place.
As the new jobs will be based remotely, they are open to people in every corner of Northern Ireland and the NI staff will support Payroc’s existing operations, which service over 46 locations globally.
Announcing the company’s investment, Economy Minister Diane Dodds said: "Payroc is an early-stage company that has developed its high-growth international presence very quickly, and is a welcome addition to Northern Ireland’s thriving fintech sector.
"I am delighted we have been able to secure this investment for Northern Ireland based on the quality of our highly-skilled talent pool, complemented by support from Invest Northern Ireland.
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Founded in 2018 and headquartered in Illinois, Payroc offers a complete end-to-end payment processing service for its clients, such as Visa and Mastercard.
It also provides software and technology development, which includes the front and back-end processing capabilities that clients require to process payments for their own businesses.
Paul Vienneau, Chief Technical Officer of Payroc, said: “We have experienced significant success globally, particularly in the US and Canada, and our ambition is to continue this rapid growth globally through investment in sales, marketing and specialist technology that will enhance our customers’ experience.
“Our new Northern Ireland team will add considerable in-house engineering and support resources, and expertise. This will help us to achieve our international growth plans, with a focus on the implementation of new technologies, delivering product improvements and increasing capacity to strengthen our customer support.
"We looked at various US locations but the calibre of talent made Northern Ireland the perfect fit for us.”
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Invest NI has offered Payroc £445,000 towards the creation of the jobs. Its CEO, Kevin Holland added that “securing Payroc’s investment for Northern Ireland is another resounding endorsement of our fintech sector, which is at the cutting edge of global technology development."
"We are increasingly known as the ‘go to’ location for fintech companies to invest," he continued.
“We have worked closely with the company, providing specialist advice and guidance to help it set up a successful business in Northern Ireland.
"Our support for 75 jobs will offer local talent opportunities to develop their skills and grow their careers in software engineering, data analytics, DevOps and customer engagement. We very much welcome Payroc to Northern Ireland and look forward to supporting it to build its team and embed itself into the fintech community.”
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