Aztec Money, a newly-established international finance company, has announced that it is to set up its global headquarters in Dublin with the creation of 100 jobs.

Separately, another 70 jobs are to be created by the Mafic basalt processing company in Kells, Co Meath.

Aztec Money specialises in linking investors to small and medium enterprises to buy up their unpaid invoices providing instant cash flow to the smaller company.

The company already employs 30 people in Dublin.

The 100 new jobs will be multilingual positions in the areas of data processing, marketing, sales and information technology.

The jobs will be created over the next two years.

The company said it had made the decision to locate in Ireland because of the skilled workforce and the positive business environment that exist.

In a separate announcement, Europe based basalt fibre production company, Mafic, said it will open its first Irish operation in Kells.

It is to create 70 new manufacturing and engineering jobs over the next three years.

The company will occupy an existing factory premises in the town and hopes to be up and running by September.

The jobs were created as part of a Connect Ireland programme, which pays a "finder’s fee" to individuals who attract new employers to their area.

In this case, auctioneer Hugh Morris stands to receive up to €105,000 - a reward unit of €1,500 per job created.