Fenergo creates 300 new jobs in Ireland as part of international push
Software-as-a-service (SaaS) financial technology solutions provider Fenergo, has announced 300 new jobs at its global HQ in Dublin. This is part of a €100 million research, development & innovation (RD&I) expansion plan supported by Enterprise Ireland.
In addition to the new roles in Ireland, which will double the domestic headcount, Fenergo is creating new jobs across its international markets to meet increasing demand for its AI-powered solutions. A total of 500 new positions will be filled by the company globally within the next three years.
With support from Enterprise Ireland, Fenergo has also invested in a new RD&I centre of excellence at its Dublin HQ where the new Irish roles will be based, supporting Fenergo’s innovation strategy. The new roles will enable Fenergo to further deliver on its mission to support financial institutions in fighting financial crime.
Fenergo is also rolling out a graduate programme with the intention to appoint up to 30 university graduates.
Fenergo will continue to build out its intelligent, AI-powered FinCrime Operating System, which addresses all anti-financial crime events and operations, transforming compliance from a burden into a strategic competitive advantage.
Marc Murphy, CEO and founder of Fenergo, said: “This investment and growth of our Irish operations reflect our confidence in the excellent talent pool we have in this country, and a market where innovative thinking, entrepreneurship and evolving technology will propel Fenergo to new heights. With AI at the core of our RD&I strategy, we are committed to delivering future-proof solutions for financial institutions in Ireland, across Europe, the UK, America, Middle-East and Asia – supporting them during times of intensifying geopolitical tension and regulatory uncertainty.
“We are actively recruiting for the new roles already, and I would strongly encourage prospective candidates to consider applying and join our world-class team of change-makers at Fenergo – shaping the future of financial services operations through innovation and AI.”
Kevin Sherry, Interim CEO, Enterprise Ireland, said: “Ambitious companies like Fenergo embody Enterprise Ireland’s mission that Irish owned, globally focused companies will be the primary driver of our economy. Fenergo, announcing 500 new jobs today, is a great example of an innovative Irish company growing customers, adding RD&I to drive forward AI powered solutions and creating an impact in global markets. I’d like to congratulate Marc and the team on this expansion and we look forward to working with them.”
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