Irish fintech Fenergo hiring 61 people in Ireland following financial growthBlathnaid O’Deaon January 13, 2022 at 11:51 Silicon RepublicSilicon Republic

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Irish fintech company Fenergo is hiring for 100 positions globally – 61 of which will be based in Ireland – including SaaS engineers, product consultants and solution architects.

There will also be a range of graduate and non-technical roles. Fenergo’s hiring announcement comes following the company’s positive financial report for 2021.

Fenergo has more than 700 employees and 11 global offices. The company has a ‘borderless’ working culture, which means its staff can work from anywhere in Ireland. They can also relocate to any of Fenergo’s offices around the world, such as Madrid, Sydney, Melbourne, New York and Toronto.

“We recognise that to tap into the rich pool of technology talent Ireland has to offer, we have to make opportunities accessible beyond the capital and into the regions,” Fenergo CEO Marc Murphy said. “With that, we have launched a hybrid working model, which sets employees up to work from anywhere. Fenergo’s advantage is that it is a highly successful, home-grown technology firm blazing a trail by delivering cutting-edge technology to the world’s largest financial institutions.”

Murphy attributed the need for new staff here to the digitalisation of the financial services industry as well as the increased need for regulations. Last April, Fenergo announced it would hire 100 new staff by the end of 2021 across professional services, engineering, finance, regulation, customer success, HR and sales. The company provides digital tools for client lifecycle management (CLM). It has recently experienced an increase in demand for the SaaS edition of its CLM tool, which can be deployed quickly to accelerate client onboarding.

Fenergo has enjoyed a period of sustained financial growth following its acquisition last year by private equity and investment management firms Astorg and Bridgepoint. The deal afforded the company its unicorn status through valuation.

“With the backing of our new investors, we are able to scale faster through the innovation of our platform and by tapping into best-of-breed technology talent. This ultimately allows us to continue to deliver more value and efficiency to the world’s largest financial services firms,” Murphy commented.

In 2021, Fenergo achieved a breakeven operating result. The company reported a 17pc increase in revenue growth to €91.3m.

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