Menu
13/12/2019
19 Jobs As London Start-Up Invests In Belfast
A London-based mobile phone provider is set to create 19 new jobs in Belfast as it establishes a Customer Services and Credit Control Centre in the city.
Start-up firm Raylo takes an innovative approach to mobile phone contracts, offering customers the chance to purchase a handset and an airtime contract separately for greater value, freedom and choice.
Invest Northern Ireland has offered £95,000 to create the new jobs, four of which are already in place. Annually, the roles will contribute over £471,000 in salaries to the local economy.
Karl Gilbert, co-founder and CEO of Raylo, explained their concept: "Our vision is to transform the way the mobile phone industry sells its products. Instead of owning a handset, Raylo customers will lease it for a period of time before returning it to receive the latest model. This reduces costs for the customer and as the phone is recycled, is more environmentally friendly.
"It is exciting to bring our business to Belfast, particularly as I am originally from Northern Ireland. Invest NI's support has been instrumental in our growth plans; our Belfast team will play a key part in our growth plans."
The company has also availed of £40,000 from Techstart seed funding. Techstart NI is part financed by the European Regional Development Fund under the EU investment for Growth and Jobs Programme 2014-2020.
Susan O'Kane, Eastern Regional Manager at Invest NI added: "Raylo is a highly innovative company that has spotted a unique gap in the market. Our support is enabling this ambitious team to progress within the industry, sourcing the creative talent it needs from the Northern Ireland talent pool.
"The jobs created at the company's new Belfast centre will not only support its innovation and growth plans, but also contribute to the Northern Ireland economy with over £471,000 in salaries per year."
Start-up firm Raylo takes an innovative approach to mobile phone contracts, offering customers the chance to purchase a handset and an airtime contract separately for greater value, freedom and choice.
Invest Northern Ireland has offered £95,000 to create the new jobs, four of which are already in place. Annually, the roles will contribute over £471,000 in salaries to the local economy.
Karl Gilbert, co-founder and CEO of Raylo, explained their concept: "Our vision is to transform the way the mobile phone industry sells its products. Instead of owning a handset, Raylo customers will lease it for a period of time before returning it to receive the latest model. This reduces costs for the customer and as the phone is recycled, is more environmentally friendly.
"It is exciting to bring our business to Belfast, particularly as I am originally from Northern Ireland. Invest NI's support has been instrumental in our growth plans; our Belfast team will play a key part in our growth plans."
The company has also availed of £40,000 from Techstart seed funding. Techstart NI is part financed by the European Regional Development Fund under the EU investment for Growth and Jobs Programme 2014-2020.
Susan O'Kane, Eastern Regional Manager at Invest NI added: "Raylo is a highly innovative company that has spotted a unique gap in the market. Our support is enabling this ambitious team to progress within the industry, sourcing the creative talent it needs from the Northern Ireland talent pool.
"The jobs created at the company's new Belfast centre will not only support its innovation and growth plans, but also contribute to the Northern Ireland economy with over £471,000 in salaries per year."
Related Northern Ireland Business News Stories
Click here for the latest headlines.
07 January 2020
Nine Jobs As Cybersecurity Firm Invests In Belfast
Nine new roles have been created as cybersecurity start-up Angoka chooses Belfast as its headquarter location. The firm manages cybersecurity risks in connected and autonomous vehicles, smart cities and Internet of Things devices.
Nine Jobs As Cybersecurity Firm Invests In Belfast
Nine new roles have been created as cybersecurity start-up Angoka chooses Belfast as its headquarter location. The firm manages cybersecurity risks in connected and autonomous vehicles, smart cities and Internet of Things devices.
16 January 2015
Arolco (Ireland) Invests In Growth
Arolco (Ireland) in Castlederg is being assisted by Invest Northern Ireland to invest £133,936 and create four new jobs, to help boost sales in Britain and the Republic of Ireland.
Arolco (Ireland) Invests In Growth
Arolco (Ireland) in Castlederg is being assisted by Invest Northern Ireland to invest £133,936 and create four new jobs, to help boost sales in Britain and the Republic of Ireland.
19 November 2018
1,9000 Jobs Created And 1,2000 Businesses Supported By Council
Nearly 1,900 jobs have been created and more than 1,200 businesses have been supported to start-up, grow or develop an international profile by Belfast City Council over the last six months.
1,9000 Jobs Created And 1,2000 Businesses Supported By Council
Nearly 1,900 jobs have been created and more than 1,200 businesses have been supported to start-up, grow or develop an international profile by Belfast City Council over the last six months.
15 June 2005
NI jobs growth continues
Latest labour market figures have shown that Northern Ireland is continuing to experience jobs growth, with the highest number of employee jobs on record.
NI jobs growth continues
Latest labour market figures have shown that Northern Ireland is continuing to experience jobs growth, with the highest number of employee jobs on record.
14 June 2011
Kilrea Company Invests £1m In Year Of Significant Growth
SJC Hutchinson Engineering in Kilrea, who are laser cutting specialists, have much to celebrate in their 40th year of trading. They have invested almost £1m in a new state-of-the-art laser cutting machine and expert training programme for their staff.
Kilrea Company Invests £1m In Year Of Significant Growth
SJC Hutchinson Engineering in Kilrea, who are laser cutting specialists, have much to celebrate in their 40th year of trading. They have invested almost £1m in a new state-of-the-art laser cutting machine and expert training programme for their staff.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
