Irish-founded financial services firm Centralis has announced plans to more than double its Dublin workforce as part of a €15 million investment. The move will increase staff numbers in the capital from 30 to over 70, coinciding with the official opening of the company’s new city centre office today.
Founded in 2011 by former AIB employees, Centralis has grown into a global financial services provider employing more than 500 people across 13 countries. The Dublin expansion marks a significant milestone for the firm, which offers services including debt capital markets, fund administration, treasury management, and corporate support.
The new positions in Dublin will span multiple levels and functions, reflecting the company’s ambition to strengthen its presence in Ireland while targeting growth in international markets. The expansion follows a recent investment from California-based private equity group HGGC, which valued Centralis at more than €500 million.
Speaking at the office launch, Centralis founder and chief executive Aidan Foley described the development as a “pivotal moment” for the company. “Since founding in 2011, we have grown our workforce to more than 500 people across 13 countries,” he said. “We look forward to more than doubling our workforce in Ireland as we push into new markets and expand our business. As we target tripled revenues and profits by 2030, and expect to break the €85 million revenue threshold in 2025, we will need a high-quality workforce to achieve these milestones.”
The opening ceremony was attended by Minister of State for Financial Services, Credit Unions, and Insurance Robert Troy, who welcomed the announcement as a boost for Ireland’s financial services sector. “Centralis has shown strong growth in a highly competitive market, and it is encouraging to see an Irish-founded and led business continuing to expand,” he said. “Creating high-quality employment is critical to maintaining Ireland’s competitiveness, and Centralis’ investment of around €15 million into the Irish economy will further support future employment and growth.”
Michael Lohan, chief executive of IDA Ireland, also praised the expansion, noting its wider significance for Ireland’s financial sector. “The decision to expand in Ireland underscores our reputation as a hub for innovation and talent,” he said. “I would like to wish Centralis every success as it continues to grow here.”
With strong backing from international investors and a strategic focus on scaling its operations, Centralis is positioning itself to play a larger role in Ireland’s financial services landscape while reinforcing the country’s status as a global centre for investment and innovation.