YapStone’s new 16,000 sq ft international HQ has been opened in Drogheda, with the fintech company planning for significant growth in Ireland in the near future.
With 400 employees to its name across its global operations (it already has a significant presence in Drogheda), up to 50 new roles in Ireland have been announced, coming on stream over the next 12 months.
YapStone’s Drogheda office will host positions in engineering, product, sales, customer service, and risk operations, as well as site security and reliability.
Both the availability of skilled talent and notable assistance from IDA Ireland were cited as two key reasons behind YapStone’s choice of Drogheda as a new base.
“This is a very exciting project and I am really pleased that we have attracted this cutting-edge financial services company to a regional location, and that it has ambitious plans for its new offices in Drogheda,” said Minister for Jobs Mary Mitchell O’Connor, TD.
“Ireland’s strong expertise in the ICT and Financial services sector means that we can provide the requisite skills for companies like Yapstone, so that they are able to service their international activities.”
Claiming “significant” US and international growth in the past three years, YapStone is forecasted to process over $15bn in electronic payments in 2016.
“We are proud to partner with IDA Ireland to contribute to the sustained growth of Ireland’s local and regional economy, and look forward to our continued success,” said Tom Villante, YapStone’s chairman, co-founder and CEO.