XYZ-Exterior-248x300Israeli global payments specialists Fibonatix have established an office in Manchester City Centre, further establishing the city-region as a FinTech Hub.

“We view the North West as the developing centre of the UK’s payments industry and we wanted to be right in the centre of it,” said Tal Miller, CEO, Fibonatix.

He continued: “The payment solutions we offer focus on online businesses, and our staff members in Manchester have their unique areas of expertise which include compliance and underwriting, risk management and finance. We believe in working with and developing local talent so decided to recruit from Manchester. In the long-term, the plan is to grow our UK workforce and expand the company’s international reach.”

To assist the company’s move to Manchester, the city’s inward investment agency MIDAS, worked closely with the Department for International Trade’s Israeli office.