Fenergo Creates 300 Jobs with €100m RD&I Investment Backed by Enterprise Ireland
Deal News | Jul 08, 2025 | Enterprise Ireland
Fenergo, a financial technology company, has announced the creation of 300 new jobs in Ireland. This expansion is a component of their ambitious €100 million investment in Research, Development, and Innovation (RD&I) efforts. Enterprise Ireland, a government agency responsible for supporting Irish businesses, is backing this significant investment. In addition to the job creation, Enterprise Ireland has released its 2024 export figures for its client companies, reporting a substantial €36.75 billion in exports. This marks a 7% increase from the previous year, reflecting strong growth in the sector. The developments underscore the robust expansion and innovation within the Irish technology industry supported by strategic investments.
Sectors
- Financial Technology
- Government and Public Sector
Geography
- Ireland – Fenergo is creating new jobs in Ireland, and Enterprise Ireland is a key participant and supporter of this initiative.
Industry
- Financial Technology – Fenergo operates within the financial technology sector, providing solutions that drive innovation in regulatory and compliance technology.
- Government and Public Sector – Enterprise Ireland is a government agency that supports Irish enterprises, playing a significant role in economic development and export growth.
Financials
- €100 million – Investment in Research, Development, and Innovation (RD&I) by Fenergo, supported by Enterprise Ireland.
- €36.75 billion – Total exports achieved by Enterprise Ireland's clients in 2024, representing a 7% increase from 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fenergo | Target company | Company | A financial technology company focusing on RD&I initiatives and employment expansion in Ireland. |
| Enterprise Ireland | Investor/Supporter | Government | A government agency supporting Irish companies through investments and export promotion. |