YapStone, a global payments company founded in Silicon Valley, today announced it will invest $48 million (€41 million) in the creation of 200 new tech jobs at its International Headquarters in Drogheda, Co. Louth, Ireland.
YapStone, which first established operations in Ireland in 2012, opened a new 16,000 square-foot International headquarters in 2016 where it currently employs 125 people. The company’s growth in both Ireland and the United States has continued well into 2017, earning numerous accolades including placement on the INC 5000 List of Fastest Growing Companies, The Deloitte Fast 500, The San Francisco Business Times Top 50 and the 2018 Wealthfront Career-Launching Companies List.
The leadership team at YapStone has decided to grow its Irish presence by establishing a Product Engineering development center at its International HQ in Drogheda with recruitment commencing in early 2018 for over 200 highly skilled engineering and technology positions over the next five years.
Speaking in Drogheda at the announcement, An Tanaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald TD said, "Yapstone’s initial decision to locate in Drogheda just a few years ago was a great boost for the town and I am really delighted that already the company have decided to expand its business here, with the creation of an additional 200 jobs. The Government has been driving job creation in locations which are away from the bigger cities, and this expanded operation, involving so many highly skilled technology jobs, is a great vindication of that policy. I look forward to Yapstone’s continued success in Drogheda."
Source: www.businessworld.ie