New Payment Innovation

Type
Business expansion
Country
Ireland
Region
Ireland; Eastern and Midland; Dublin
Location of affected unit(s)
Dublin
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
100 jobs
Number of planned job creations
Job creation
Announcement Date
4 September 2023
Employment effect (start)
4 September 2023
Foreseen end date
31 December 2024

Description

Fintech company New Payment Innovation (NPI) is to create 100 new jobs in Dublin by the end of 2024.

The company has already hired 25 new employees since January 2023 and recently relocated to a new headquarters in Citywest, Dublin in order to accommodate its growing team.

New Payment Innovation (NPI) became independent from its UK parent company, NetPay Solutions Group, in 2021 and plans to capture 20% of the Irish card payments market in the next three years, leading to the plans to expand its business.

Sources

Citation

Eurofound (2023), New Payment Innovation, Business expansion in Ireland, factsheet number 200263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200263.