FinTrU opens first US office in New York

FinTrU's head of business development, Stuart Marks, who will set up the firm's New York operation.

BELFAST and Derry-based financial services group FinTrU has opened its first US office in New York.

Last month FinTrU announced it had hit 600 staff, recruiting 200 of them since the introduction of Covid-19 lockdown restrictions in March.

Founder and chief executive, Darragh McCarthy, said the company had grown at a rate of 75 per cent in 2020.

“Many of our tier one investment bank clients are based in New York so it was a logical next step for FinTrU to expand to the city in order to increase our presence on the global stage and ensure proximity to our clients,” he said.

“This global expansion by FinTrU demonstrates our commitment to continued growth across the company."

The firm’s head of business development, Stuart Marks, will relocate to the US to set up the new operation on Avenue of the Americas, Manhattan.

"My role will be focused on the building out of our existing and new client relationships,” he said.

"FinTrU has experienced undisrupted client delivery during this period with eight new client contracts secured and two additional investment banks clients added to our portfolio.

“The securing of an office in New York is a positive step for FinTrU as we continue to expand our global footprint."

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