YapStone Adding 50 Staff To Dundalk Operation

28 Sep 2016 | 09.57 am

YapStone Adding 50 Staff To Dundalk Operation

US fintech business is setting up its international HQ in the town

28 Sep 2016 | 09.57 am

San Francisco-based fintech company YapStone has opened its international headquarters in Drogheda, with plans to people it with up to 50 staff over the coming year.

In an expansion backed by IDA Ireland, YapStone’s international HQ is a 16,000 sq. ft office in Drogheda. The company announced that it was establishing its EMEA headquarters in the town in 2012, with plans to create 120 jobs at the time.

YapStone provides online and mobile payment solutions, and has raised over $110 million from investors in recent years. It employs 400 people in the US and Ireland.

Tom Villante, YapStone’s chairman, co-founder and CEO, said that Drogheda was selected as the location for his company’s international HQ thanks to the backing of the IDA and the talent pool in Ireland.

John Nugent, regional development manager of IDA Ireland added: “YapStone continues to hire great people in the North East region and to add new functions to its international remit here, clearly demonstrating the company’s commitment to Ireland.”

Photo: Jobs minister Mary Mitchell O’Connor and Tom Villante, chairman and co-founder and CEO of YapStone (Pic: Lensmen)

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