JOB CREATION Pictured at the announcement of Payslip’s expansion were, from left: Billy Hanley, Enterprise Ireland; Fidelma McGuirk, Payslip; Carolina Küng, Frontline Ventures; and Aoife Kelly, AIB. Pic: Payslip
€1 million investment in the Westport company will create 14 new jobs
IT was a move west for the surf, the hills and quality of life which has also now transformed into a €1 million investment in a payroll software company, Payslip, situated in the recently opened Leeson Enterprise Centre, Westport. Announcing the major investment in her company last week, former Dublin resident, and Chief Executive of Payslip, Fidelma McGuirk said she and her team were ‘honoured to have the backing of top investors within the SaaS [Software as a Service] and digital innovation communities’.
She said the ‘additional resources’ would ‘strategically expand the company through client acquisition’ while fueling team growth.
Ms McGuirk said that Payslip has already begun searching to fill 14 positions including Chief Technology Officer as well as roles in international payroll, sales, operations, software engineering and integration. Indeed, when speaking to The Mayo News yesterday (Monday) she called on ‘the Mammys of Mayo’ to alert their appropriately qualified offsprings, who may be living in London or New York and want to move home, to the above jobs.
The investment in the company is being led by Frontline Ventures and AIB, technology investors Tribal, Bloom Equity, as well as Enterprise Ireland.
In an interview with Siliconrepublic.com last year, McGuirk said the idea for Payslip came from her own experiences in business: “I’ve suffered the pain of what our clients are suffering.
“Being fintech [financial technology enabled] gives you the opportunity to take something that is an essential process, make it smart, make it easier to use, put a really nice UX together to make it friendly to use for the payroll, HR and finance staff, and deliver for a key process.”
Move to Mayo
FIDELMA McGuirk told The Mayo News that herself and her husband and three young sons moved to Westport in 2015 having visited the area for about seven years to pursue his passion for surfing and her love of hiking.
“We also moved because of the strong community ethos. It is a very friendly and welcoming town and quite cosmopolitan because of its maritime location and long history of fishing and tourism. When I decided to set up a business everyone was so supportive. I was having a pint one evening in a local pub and ended up talking to one of the town’s international business men and his subsequent support was so practical,” Ms McGuirk said.
She praised the support she received also from such agencies as the Local Enterprise Office in Castlebar and its chief, John Magee, as well as support partner, WestBic.
Did you know?
The Leeson Enterprise Centre is managed by Westport Chamber of Commerce. It presently has six private offices in use and six hot-desks out of an available 14.