Edinburgh-based fintech FNZ is set to create 50 jobs at its new Dundee office, which opened earlier this year, and an additional 150 across Scotland as part of a wider recruitment plan over the next two years.
The company, which specialises in platform as a service (PasS) technology, said that the new roles in Dundee would be in investment operations. FNZ said this move signalled its commitment to continue to invest in Scotland.
Adrian Durham, chief executive of FNZ Group, said: “Our commitment to Scotland is unwavering. The business has thrived here over the last decade-and-a-half, thanks to the combination of talent, customers and infrastructure we have been able to access, and Scotland will be central to the next phase of our global growth over the next 15 years and beyond.
“Our expansion into Dundee, which has undergone significant redevelopment and offers a strong talent pool, is testament to this commitment. We look forward to Scotland continuing to provide the platform for our ambitious growth strategy and enabling FNZ to help more people achieve their financial goals.”
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Durham founded FNZ in New Zealand in 2004 and then expanded to Scotland the following year, where it established a headquarters in Edinburgh Tanfield. Its Dundee office is in the Alliance Trust Savings building on Marketgait.
The company enjoyed exponential growth and became Scotland’s first fintech Unicorn, now employing 500 people in Edinburgh. The firm has £400 billion in assets under administration for around eight million customers and counts 60 of the world’s biggest financial institutions among its clients.