A homegrown Irish technology company is taking on 110 new staff, it has announced.
Sentenial makes payments systems for banks and businesses.
Its services are helping traders prepare for changes across Europe next year which will make it easier for people to make payments across borders.
Customers include Bank of America, AIB, Bank of Ireland, Digiweb and Barclaycard.
The introduction of the Single Euro Payments Area (SEPA) on February 1 next has helped boost demand for Sentenial’s technology.
Jobs minister Richard Bruton said the expansion showed how homegrown companies could grow into global players.
“Irish businesses can compete with the best in the world,” he said.
“Sentenial is growing rapidly in a cutting edge area of financial technology, and its commitment to almost double its workforce by end 2014 is a remarkable achievement.”
Sentenial already employs 160 staff, having taken on 100 people in the last year.
Sean Fitzgerald, chief executive and founder of Sentenial, said 30 more staff will be taken on by Christmas, with a further 80 new recruits to be employed by the end of 2014.
“I am very proud to have built a successful indigenous Irish technology business from a start up in 2003, into a rapidly growing business at heart of the European payments system,” he said.
Former EU Commissioner and ex-finance minister Charlie McCreevy sits on Sentenial’s board of directors, as does Ryanair director James Osborne.