Business

Software firm Lightyear to double Belfast workforce following £1m investment

 Brothers Roger (left) and Chris Gregg of Lightyear.
Gary McDonald Business Editor

GLOBAL software company Lightyear is to pump another £1 million into its operations in Belfast and double its workforce to 24 as it capitalises on opportunities presented by remote working.

Founded by Northern Irish born fintech entrepreneurs and brothers Chris and Roger Gregg, who have spent most of their working lives in Sydney and Silicon Valley, Lightyear has identified fresh opportunities in the education, retail and fuel distribution industries in Britain, the Republic, Australia and New Zealand.

Now the company, which established a global head office in Belfast in March 2018 with Invest NI support, has begun recruitment for software developers as well as staff in sales, marketing, customer service and management positions.

Lightyear, which has moved to 5,000 sq ft new base in Catalyst in the Titanic Quarter (treble the size of its previous office) offers cloud-based procurement and invoice processing automation software mainly to SMEs, and its product increases workplace efficiencies and team collaboration.

Chief executive Chris Gregg said: “With the majority of companies and their people now working remotely because of Covid, teams are unable to process the paper they traditionally would have. With our award-winning software being truly paperless, we have seen a surge of new customers across diverse industries.

“The 12 new roles will expand the capability of our team and allow us to start breaking into new international markets such as the US.”

Invest NI helped to secure Lightyear’s initial investment in Northern Ireland and has since offered support towards job creation, R&D and technical product support to develop its software product and trade assistance. This latest offer provides £90,000 towards the creation of 12 jobs.

READ MORE: Fintech firm Lightyear chooses Belfast to base its global operations

Enjoy reading the Irish News?

Subscribe now to get full access

Business