Tue, 02 Jun 2020

Dublin gets another wrap for innovation in financial services

Conor Trindle
12 Apr 2019, 21:15 GMT+10

<p>&nbsp;DUBLIN, Ireland - A 40-year old technology company which established a base in Ireland two years is to significantly expand its Irish operations.</p><p>AFEX, one of the world&rsquo;s largest non-bank providers of global payment and risk management solutions, is opening a new headquarters in Dublin.</p><p>Recruitment has started, with positions open in sales, operations, finance and compliance. The new jobs will nearly triple the size of the current workforce based in Dublin.<br /><br />&quot;The investment in jobs is a clear signal about the confidence we have in the Irish market. We&rsquo;ve seen an increasing amount of interest and activity from businesses across the country as they look to maximise their international growth potential. We are excited to be extending our Irish operation and look forward to continuing to provide local firms with a more tailored service to address their global payment, treasury and risk management needs,&quot; CEO for AFEX Ireland Finian Brett said Thursday.<br /><br />AFEX has been working with Ireland&rsquo;s Foreign Investment Agency, IDA Ireland, to help expand their operations in Ireland this year.&nbsp;<br /><br />&quot;Ireland aims to be the European location of choice for innovation in financial services. We have developed a thriving fintech sector, and today&rsquo;s announcement by AFEX further strengthens this. We will seek to ensure the country remains at the forefront of the development and growth of this sector,&quot; Ireland&#39;s Minister of State for Financial Services and Insurance Michael D&rsquo;Arcy said Thursday.<br /><br />Commenting on the announcement&nbsp;Kieran Donoghue, Global Head of International Financial Services, IDA Ireland&nbsp;said, &quot;AFEX&rsquo;s choice of Dublin for this operation shows that financial services companies can establish here quickly in order to provide continuity of service to their customers post-Brexit. Ireland provides a consistent, certain, pro-enterprise policy environment for businesses to grow and thrive.&quot;<br /><br /><br />AFEX was established in 1979, and has a client base of over 35,000 active commercial customers worldwide. The company maintains offices across the Americas, EMEA and Asia Pacific.</p>

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