Silicon Valley-based payments company YapStone will invest €41 million in the creation of 200 jobs, at its international headquarters in Drogheda, Co Louth. The move is supported by the government through IDA Ireland.
YapStone, which established operations in Ireland in 2012, opened a new 16,000 square-foot international headquarters in 2016 where it currently employs 125 people.
“Partnering with the Irish government is one of the best decisions our leadership team has made,” said Tom Villante, co-founder and CEO, YapStone.
“We have hired tremendous talent in Ireland, and they have played a major role in YapStone’s success and international expansion. It was a natural decision for us to expand our investment in Irish talent into technology.”
CEO of IDA Ireland Martin Shanahan said: “This significant expansion of Yapstone’s Drogheda International HQ to include a product engineering development centre is great news for Co Louth and the border region and demonstrates substantial further commitment by the company to the region. It will serve as an excellent reference site for IDA in marketing this key regional location.”
YapStone’s accolades include a 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.
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