Irish FinTech firm Circit to double size of workforce over the next year

Circit the Irish financial audit management platform is kicking against the recent wave of layoffs by launching a hiring campaign to recruit more than 50 new workers in Ireland and beyond. The announcement comes as a result of unprecedented growth since the Dublin-based firm launched in 2017.

The hiring initiative will see the startup more than double its workforce. Circit has partnered with leading tech recruiter, Martinsen Mayer, to fill roles predominantly in software engineering and development but also across a number of other departments, including sales and customer success. The recruitment drive is part of wider expansion plans to grow the company’s product range and geographical reach.

“We’re in a fortunate position,” said Circit CEO David Heath. “Whereas many tech companies are having to scale back their teams during these tough times, our products are in demand from customers seeking greater efficiencies. Regulation and compliance also tend to get even more robust during economic downturns, so our business model is highly resilient.”

Heath continues, “It is expected that, in the next ten years, the global financial system will undergo the biggest shift in history, where every business will have in-built financial tech. Circit is at the forefront of this technology. The work our teams do today will shape how companies manage their regulatory compliance for years to come.” 

Circit, who raised a €6.5M Series A funding round earlier this year, provides Audit Confirmations, Verified Transactions, PBC Collaboration and e-signatures on a single centralised platform. Stakeholders can, as a result, quickly complete quality audits with direct integrations and partnerships with a global network of banks and every type of evidence provider.

“We’re an Irish-founded and Irish-managed business spearheading our industry at the cutting edge of financial audit tech. We’re incredibly proud to be the first Account Information Services Provider (AISP) to achieve Central Bank of Ireland and FCA approval under the PSD2/Open Banking regulations. New team members will join our fast-paced, agile, forward-facing business as it scales upwards and outwards,” added Heath.

The company came through the Irish scale-up system as an Enterprise Ireland High-Potential Startup (HPSU), and has gained significant traction since 2019. With direct integrations to banks across Europe, Australia and the U.S, Circit is uniquely positioned as the verification layer for traditional financial assets as well as the next wave of digital assets and decentralised financial services.

For further information on joining the Circit team, please visit https://www.circit.io/jointheteam

See more stories here.