Credo Group, the Dublin-based software developer, has won a $1 million contract. the culmination of It follows a series of recent contracts which will lead to further expansion at the company.

The firm currently employs 70 people at its Leeson Street office, but it is expected this figure will rise to 100 within the next year.

The latest deal sees Credo licensing its Fontis Internet banking product to the Industrial Bank of Japan, the 12th largest bank in the world. The agreement will allow the bank to securely deliver a range of online facilities to international corporate clients.