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Silicon Valley tech company creating 150 new jobs in Belfast

Pictured (L-R) is Raj Ramanand, CEO, Signifyd with Alastair Hamilton, CEO, Invest NI.
Pictured (L-R) is Raj Ramanand, CEO, Signifyd with Alastair Hamilton, CEO, Invest NI.

A Silicon Valley-based tech company is creating 150 new jobs in Belfast.

Signifyd makes software to help online businesses detect fraud. Its headquarters are in San José, near San Francisco.

The company are setting up a global research and development centre at River House in the city centre.

The 150 new jobs will have average salaries of over £30k. Invest NI has pledged £981,500 to support the project.

Signifyd co-founder and CEO Raj Ramanand said that they were delighted to be setting up an operation in Belfast.

“As we studied different locations to expand our engineering footprint, Belfast stood out for its talent pool and its proximity to better service our European customers,” he said.

“We are based right here in Belfast’s Cathedral Quarter and look forward to building a world-class team to lead our innovation and help our customers provide the kind of shopping experiences today’s consumers expect.”

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Invest NI CEO Alastair Hamilton said the investment would contribute nearly £5m in annual salaries to the local economy.

“The centre will employ 151 staff to be recruited over a three- to five-year period, with roles in software engineering, data, risk and fraud analytics, along with customer success positions,” he said.

Sinn Fein MLA Mairtin O Muilleoir said the news was most welcome, particularly given the ongoing Brexit uncertainty.

“At a time when the uncertainties of a Tory Brexit looms over business and threatens the local economy job creation art this level is great news," the South Belfast MLA said.

 “These jobs will provide much-needed employment for the local area and enhance the region’s reputation and technology capability. It will also expand the skills base and I look forward to seeing them come to fruition.”

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