Belfast Lord Mayor welcomes new investor Futrli to the city
18 Jun 2019
Belfast Lord Mayor Councillor John Finucane has welcomed new investor Futrli to the city. The company is set to invest almost £5.5 million in a new delivery centre in Belfast, with 80 new jobs to be created over three years, more than doubling its headcount.
Established in 2014, Futrli supports over 1,200 accountancy firms and 45,000 small businesses globally with software as a service (SaaS) products. The latest, Futrli Platform, designed exclusively for small businesses, uses artificial intelligence and machine learning to turn business data into actions, helping small companies manage the business of doing business.
Futrli has its headquarters in Brighton and offices in Auckland, Sydney and Melbourne. The new Belfast delivery centre will help to deliver the new Futrli Platform and support the company’s continued business growth globally. The new jobs, which will be predominantly operations and software engineering roles, will generate almost £2.5 million in additional annual salaries for the local economy.
Belfast Lord Mayor Councillor John Finucane welcomed the news, saying: “We’re focused on attracting investment into Belfast, fostering business growth and creating employment and opportunity for people living here as part of our Belfast Agenda. So Futrli’s investment is fantastic news for the city.
“They’ve chosen well. Belfast offers a skilled and talented employee pool, excellent educational institutions, a quality of life that’s hard to beat – and our compact and digitally connected city core creates a vibrant business base. I wish Futrli every success and we look forward to developing a great working relationship with them.”
Steve Harper, Executive Director of International Business at Invest Northern Ireland added: “This investment, Futrli’s first in Northern Ireland, is a further endorsement of the strength of the Financial Services Technology sector here. The creation of 80 high quality jobs, with the average salary above £30,000, offers a range of attractive opportunities for graduates and experienced professionals.
“Encouraged by increased demand within the flourishing cloud accounting software sector, Futrli are implementing ambitious growth plans in new and existing markets. It is great news that this project will be delivered by a team based here in Northern Ireland.”
Hannah Dawson, Founder and CEO of Futrli, said “Customer demand is rapidly accelerating as we continue to scale our release of Futrli Platform. Our new delivery centre in Belfast will be a huge asset to the business as we seek to make it available to small businesses globally and revolutionise how small businesses work.
“The tremendous wealth of local talent, access to top universities and proximity to our GB base were key factors in our decision to locate in Northern Ireland. Invest NI’s support has helped us to accelerate recruitment for this project and we are very much looking forward to expanding our team here.”