An Irish company has announced plans to create 200 new jobs over the next year-and-a-half.

The plan will see financial services company Immedis more than doubling its workforce in Ireland by the end of 2020.

The jobs will be located in Dublin, Kilkenny and in some of its foreign locations.

The company provides some of the world’s largest organisations with global payroll services and software.

Recruiting will begin immediately with the company seeking experts in tax, compliance, IT, software development, marketing, finance, and sales.

The expansion comes following a new investment €25 from Scottish Equity Partners (SEP).

The company is part of the Taxback Group – a global financial technology company owned by businessman Terry Clune.

“Immedis has a proven track record of delivering global payroll for some of the world’s biggest companies through our innovative technology solution,” said Mr Clune.

“I am delighted to welcome SEP as part of our organisation to continue the enormous success of Immedis on a global scale.”

The new jobs come after the company announced a $10 million acquisition of US international payroll company Expaticore in 2017.

Its clients include Uber, Wayfair, First Derivatives, NYIT, DCC and Abbvie

Immedis CEO Ruairi Kelleher said the company is “delighted to be partnering with SEP.”

“Their investment and experience of scaling technology companies will help us further execute on our ambition to be the best in the world, continuing to balance our market leading technology and deep international tax knowledge that puts our platform to the fore of the global payroll landscape,” he said.

“This external validation proves that we are making significant inroads into the global market and doing so in a compelling and sustainable manner.”

SEP partner Keith Davidson said the investment is a “vote of confidence” in the Immedis which will help it to “continue to innovate through further investment in its product and its people.”