Fintech firm Revolut is add up to 40 new roles in Dublin over the course of this year.

The digital only based bank currently employs 12 people here.

The growth is being fuelled by plans to move responsibility for European payments away from the UK following Brexit.

Revolut is currently in the process of applying for an e-money license here from the Central Bank of Ireland.

"We remain committed to having London as our global headquarters, with Ireland planned to take on our Western Europe activities subject to authorisation from the CBI," said Richard Davies, CEO of Banking at Revolut.

"Ireland was selected as a regional hub due to our large customer-base in the country, and access to a highly educated and diverse pool of talent."  

Revolut currently has over 500,000 customers here and a further 6.5m elsewhere in the world.

It currently offers a range of online only bank accounts that offer a variety of different services.