Fintech start-up Big Red Cloud to hire six staff during expansion

2 Aug 2016

The accounting software start-up Big Red Cloud is to further its expansion with the creation of six new jobs in its Dublin office.

Founded in 2012, Big Red Cloud was spun off from Big Red Book as a company that produces cloud-based payroll and accounting software for SMEs in Ireland.

With staff totalling 34 to date, the company has announced that it has now recruited 11 new employees at its Dublin office to expand its workforce by 75pc over the coming 12 months, with six jobs yet to be filled.

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These six roles are expected to be in the areas of sales, support and marketing.

The company’s most recent update saw it release an app that would allow for its client companies to create and send invoices on the go.

This decision came about based on customer demand for an increasingly mobile service that will prevent a backlog of invoices building up at the end of a working day.

According to the company’s CEO, Marc O’Dwyer, Big Red Cloud has expanded its client base by 45pc over the last two years and, based on expectations, plans to grow by a further 35pc by 2017.

Speaking of the expansion, O’Dwyer said: “Coming out of the recession back in 2010, the increase in demand for both Big Red Cloud and Big Red Book was led primarily by export-focused companies as domestic consumption was still fragile.

“But since 2014, we’ve witnessed a significant increase across the island from companies that serve domestic demand.”

He continued: “As a result of the increase in demand for our products, we are currently involved in a round of fundraising so as to take advantage of the significant and exiting growth opportunities both at home and overseas.”

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Big red cloud image via Shutterstock

Colm Gorey
By Colm Gorey

Colm Gorey was a senior journalist with Silicon Republic. He joined in January 2014 and covered AI, IoT, science and anything that will get us to Mars quicker. When not trying to get his hands on the latest gaming release, he can be found lost in a sea of Wikipedia articles on obscure historic battles and countries that don't exist any more, or watching classic Simpsons episodes far too many times to count.

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