Futrli's £5.5m Belfast base to create 80 jobs
A UK-based software business is to invest almost £5.5m in a new Belfast delivery centre, which will create 80 new jobs over three years.
The centre will help deliver the new Futrli platform, with the first phase launched this month and the remainder to be rolled out over the rest of the year.
The new jobs, which will be predominantly operations and software engineering positions, will generate almost £2.5m in additional annual salaries for the economy.
Invest NI has also offered £440,000 towards the creation of the jobs, which will more than double the firm's headcount.
The Department for the Economy will also provide training through the Assured Skills programme up to the value of £406,000.
Hannah Dawson, founder and chief executive of Futrli, said: "Our new delivery centre in Belfast will be a huge asset.
"The tremendous wealth of local talent, access to top universities and proximity to our GB base were key factors in our decision to locate in Northern Ireland."
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"Invest NI's support has helped us to accelerate recruitment for this project," added the chief executive.
Established in 2014, Futrli supports more than 1,200 accountancy firms and 45,000 small businesses globally with software as a service (SaaS) products.
The latest Futrli Platform utilises artificial intelligence and machine learning to turn business data into actions, helping small companies manage the business of doing business.
Also commenting on the announcement, Steve Harper, executive director of international business at Invest Northern Ireland, said: "This investment, Futrli's first in Northern Ireland, is a further endorsement of the strength of the Financial Services Technology sector here.
"The creation of 80 high quality jobs, with the average salary above £30,000, offers a range of attractive opportunities for graduates and experienced professionals.
"Encouraged by increased demand within the flourishing cloud accounting software sector, Futrli is implementing ambitious growth plans in new and existing markets. It is great news that this project will be delivered by a team based here in Northern Ireland."
Graeme Wilkinson, director of skills at the DfE, hailed his department's "proven track record of providing skilled people to local employers".
He said: "This support for Futrli will deliver 60 high quality, industry-relevant, pre-employment training places at Belfast Met.
"Participants will gain the skills they need to progress a career in financial services and secure a guaranteed interview at the company upon successful completion of the training."