02/12/2024

Fintech Firm Ctrl Alt Invests £1.5m In Belfast

London-based fintech firm Ctrl Alt is expanding its operations to Belfast with a £1.5 million investment. The move is expected to create 21 high-quality jobs in the city.

Ctrl Alt, a platform that provides access to traditional and token-backed investments, is aiming to grow its presence in the UK and European markets. The Belfast office will play a key role in achieving this goal.

Economy Minister Conor Murphy welcomed the investment, highlighting Northern Ireland's position as a hub for fintech innovation. He emphasized that the creation of new jobs would boost the economy and strengthen the region's reputation as a global fintech leader.

The new roles will be offered as hybrid positions, allowing skilled professionals from across Northern Ireland to work for Ctrl Alt.

Jordan McMullen, Chief Operating Officer (COO) at Ctrl Alt said: "Northern Ireland offers an ideal combination of skilled talent, particularly across the Technology and Finance sectors. A number of the Executive team have strong links to Northern Ireland and with competitive operating costs, it is the perfect base for our latest expansion. This expansion marks a major milestone in our mission to make structuring and investing in tokenised asset classes cost-effective, secure and accessible. We look forward to actively participating in the region's dynamic fintech landscape."

Alan Wilson, Head of International Investment at Invest NI, added: "Northern Ireland has firmly established itself as a premier destination for fintech investment, backed by a supportive ecosystem that includes world-class research centres, thriving local firms, and global industry leaders. Invest NI's teams in London and Belfast worked closely with Ctrl Alt to secure this investment, which will create high quality jobs, and reinforce Northern Ireland's appeal as a prime location for ambitious fintech firms seeking growth and innovation."

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