Mayor welcomes FinTrU announcement

Mayor of Derry City and Strabane District Council Cllr Sandra Duffy has welcomed news that Reg solutions company FinTrU has announced the creation of 300 new jobs in Derry.

The Mayor said the investment was excellent news for the city and district and the £20m investment in the region was a major vote of confidence in the local workforce and skills base.

She said: “This latest investment by FinTrU is fantastic news for everyone involved and a lot of work has gone on behind the scenes to get this over the line. The investment is testament to the company’s continued dedication and commitment to this city and to the wider NW City Region. FinTrU is an excellent company that already employs over 300 high skilled workers in our city since it set up operations here in 2018 and announced 300 jobs in neighbouring Donegal.

“They are an ambitious, forward thinking and dedicated company that is committed to growth and to this region. This investment of £20m and 300 new jobs, not only benefits the local economy but the entire North West and is further evidence of the benefits of the NW City Region as a growing hub for global financial services with its partners all working in close collaboration to attract and encourage strategic growth, secure jobs for our skilled and talented people and bring about prosperity and stability.

“I want to take this opportunity to thank everyone involved in securing this investment particularly at this difficult economic period and wish the company and its workers every success for the future.”

This latest investment comes less than a year since FinTrU announced plans to establish its EU delivery office in Letterkenny, Co. Donegal. The award winning Regtech company helps global investment banks and financial institutions with regulatory resources and specialises in compliance, legal risk and controls and operations.