A Silicon Valley tech company that specialises in fraud protection has announced its first ever investment in Northern Ireland, with 150 jobs to be created in Belfast.
Signifyd is launching a global research and development centre in the city’s Cathedral Quarter.
The company, which is based in San José in California, provides technology and services to help online retailers detect fraud.
Co-founder and CEO Raj Ramanand said: “As we studied different locations to expand our engineering footprint, Belfast stood out for its talent pool and its proximity to better service our European customers.
“We look forward to building a world-class team to lead our innovation and help our customers provide the kind of shopping experiences today’s consumers expect.”
Invest NI, which has offered the company £981,500 of support, has welcomed the move.
CEO Alastair Hamilton said: “This investment will contributen early £5m in annual salaries to the local economy and add a diverse range of roles, enriching the skills base in Northern Ireland and enhancing the region’s reputation and technology capability.”
Staff will be recruited for the roles over three to five years, with roles in software engineering, data, risk and fraud analytics, along with customer success positions.
Trevor McCullough, Director of Engineering at the new centre, added: “This is the kind of opportunity that those passionate about technology live for.
“We’ll be rapidly building a team from the ground up – which, in the end, will make the business lives of thousands of customers better.
“The chance to be a part of a team like that doesn’t come along all that often.”