Circle have announced they are planning to double staff numbers in their Dublin Offices over the next two years bringing the amount of employees to 30.
Last night at an event held in Dogpatch Labs, Circle Co-Founder, Sean Neville, and Marieke Flament, Managing Director of Circle in Europe announced details of Circle's expanding commitment to the Irish market.
Circle launched its US dollar product in November 2015, and followed with £ and € currencies in 2016 -- in the UK in April and in Spain and Ireland in October
The Dublin based digital disruptor has seen a 300% Quarter on Quarter growth over the past year with their international expansion into Ireland, Spain, the UK, US and China. This was facilitated by the $136m investment from Facebook’s investor Jim Breyer and Goldman Sachs amongst others.
They are on track to realise $1billion transferred via the app over 12 months.
Co-Founder & President of Product and Operations of Circle, Sean Neville says, "As we grow and expand Circle’s presence across Europe, our Irish operations will become a strategic anchor which will continue to expand. We plan to double the size of the Dublin office and add engineering roles as well as operational roles such as customer support, risk, and compliance."
Also welcoming last night's announcement, Minister for Financial Services, eGov and Procurement, Eoghan Murphy added, "Circle's strong growth and decision to expand its Irish presence is proof positive of Ireland's rise to prominence as a global location of choice in the Payments sphere."
Source: www.businessworld.ie
