10 new jobs for Dublin fintech firm after €1.8m investment

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  • Evo Payments, a Dublin-headquartered card payment technology firm, is announcing a €1.8 million investment in its Irish operations as it plans to enter the British card payments market.

    The investment will allow for 10 new jobs in Dublin, which will be allocated to deal with partnership agreements signed with the AA in the UK to provide card-payment technology to businesses across the country.

    The partnerships come as the firm prepares to roll out its CardPay service. The company will present solutions for debit and credit card acceptance, as well as transaction processing for physical points of sale, cash machines and e-commerce.

    All companies concerned with the deal will be managed from the firm’s Irish headquarters, including marketing, support and sales.

    AA currently offer consumer finance and mortgage products, however this deal will see it move into the B2B financial services sector.

    Brian Cleary, Managing Director of EVO Ireland and UK welcomed the deal:  “In partnering with the AA, we are joining up with a universally trusted brand that prides itself on its market-leading financial products and first-class customer service.”

    Responding to the announcement, David Searly, Director of AA Financial Services said: “The challenges many SMEs have with payment terminals, often relating to opaque pricing tariffs and surprise add-ons, need to be put right and the status quo needs to be disrupted.

    “Our partnership with EVO allows us to become a force for change in the UK card-payments market, to bring greater simplicity, trust, and fairness for our members.”

    EVO Payments created 50 new jobs in Ireland as part of a €9.1 million investment, raising the number of workers employed by the firm to 120 people.

    AA Ireland no longer has any affiliation with the AA in the UK, after a split in the company in 2016. Share prices were to plummet last week after Bob Mackenzie, the firm’s executive chairman, was dismissed for gross misconduct.

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