Sharein’s team currently stands at 28 but its promise to recruit more staff follows the recently announced launched its Shareinpay offering.

The investment software and compliance specialist has been based in Codebase, the technology incubator, since its inception.

Over half of the firm’s team are women and more than 14 nationalities are represented across the operation.

Chief executive Jude Cook said: “We’ve been so lucky being able to build such an incredible team here at Sharein.”

Andrew Pickett, chief technology officer and co-founder, added: “The next phase of growth for Sharein is really exciting and building out the team further is the natural next step.I am constantly amazed and I’m not exactly sure how it happened.”

In September, Sharein launched a new payment product targeting platforms holding ISA money.

The financial technology venture, whose growing list of clients includes Triodos Bank, said it was looking to address a gap in the market with the launch of Shareinpay.

Mr Pickett added: “We needed a solution for our platforms to hold client money that wasn’t e-money.“We searched everywhere and couldn’t find a solution. So we decided we needed to build this ourselves.”

Sharein obtained the regulatory permission to hold client money from the Financial Conduct Authority earlier this year.

Jude Cook continued: “To say holding client money is difficult is a bit of an understatement. There are few things in the financial regulatory environment more important than holding other people’s money.”

Sharein is one of the founding members of the UK Crowdfunding Association.