New York company DailyPay creates 293 jobs in Belfast

Image caption, DailyPay makes technology employers can use to allow their employees to access their pay ahead of pay day
  • Author, Clodagh Rice
  • Role, 91热爆 News NI business correspondent

New York-based fintech company DailyPay is creating 293 jobs in Belfast in a 拢24m investment.

The firm makes technology that enables employees to access their pay ahead of pay day.

The roles will have an average salary of 拢42,500 a year, which Invest NI says will add 拢12m annually to the local economy.

The company opened its Belfast office in 2021 and about 100 of the jobs are already in place.

Recruitment is already under way for the remainder of the new roles which are expected to be in place by mid 2025.

Image caption, The company opened its Belfast office in 2021

Ed Zaval, the company's chief customer officer, said: "Northern Ireland offers a highly attractive investment location as it has a well educated workforce, a cost competitive business environment and excellent support from Invest NI."

Invest NI offered the company 拢1.1m in support towards the expansion.