Seattle fintech Remitly to create 120 Cork jobs

After a successful two years in Cork, Remitly is focused on the next stage of growth.

Remitly, a provider of digital financial services for immigrants and their families, is to create 120 new jobs in Cork in the next six months.

In June 2020 Remitly established its Fraud and Compliance Centre of Excellence in Cork and in that time has grown to more than 100 employees.

“As Remitly continues to grow, we’re incredibly excited to nearly double the size of our talented team in Cork this year”

In this next phase of growth, Remitly will be hiring roles that include Customer Protection Associates, Customer Success Team Managers, Program Specialists and Compliance Analysts.

“As Remitly continues to grow, we’re incredibly excited to nearly double the size of our talented team in Cork this year,” said Rene Yoakum, chief customer and people officer at Remitly.

“We are working to transform the way immigrants send money globally and doing it in a way that is truly customer-centric. We look forward to welcoming 120 new Remitlians to the team who share our passion for serving customers, solving fascinating problems and having fun with talented colleagues.”

Remitly has recently taken nearly 20,000 sq ft at Penrose Dock, a new Grade-A office complex at the heart of Cork’s new docklands.

Fiona Nagle, director, Global Risk Operations at Remitly said: “We’ve already hired 110 employees in Cork and are currently recruiting for 120 additional roles, growing the Cork team to 230 team members this year. The opportunity to build the Cork team with local, and customer-focused talent is exciting.”

Established in Seattle in 2011, Remitly employs over 1,800 full-time equivalent employees either working out of our headquarters in Seattle, Washington, at one of our seven other office locations around the world, or remotely. The mobile-first provider of remittances and financial services for immigrants has served over five million customers globally across more than 75 currencies.

Dermot Kennedy, director, Ireland Operations at Remitly added: “IDA Ireland has supported our team in a business-friendly environment and has a strong record of collaboration found here.  Industry alignment is also key and we have been able to partner with University College Cork and Cork Institute of Technology, which is exciting for us as we look to our future in Cork.”

Remitly is currently hiring across a series of functions including, Customer Protection Associates, Compliance Squad Investigators, Compliance Analysts, Program Specialist and Customer Success Team Managers.

The expansion was welcomed by IDA Ireland CEO Martin Shanahan. “Remitly’s presence in Cork strengthens the South West region’s fintech cluster. Its plans for its Fraud and Compliance Centre of Excellence is a strong vote of confidence in the highly skilled and talented workforce available in the region. I wish Remitly the very best with this expansion.”

John Kennedy
Award-winning editor John Kennedy is one of Ireland's most experienced business and technology journalists.