YapStone opens international base in Drogheda

Yapstone
Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor with Tom Villante, Yapstone

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28 September 2016 | 0

United States-based fintech company, YapStone, announced the grand opening of its international headquarters at a new, 16,000 square-foot office in Drogheda, Co Louth. The move is support by the Government through the IDA.

The office will serve as YapStone’s international Headquarters, with a full-service offering, including engineering, product, sales, customer service, and risk operations, as well as site security and reliability. In the next year, the company forecasts 40-50 new jobs will be created.

“We selected Drogheda as home to our International Headquarters because of the tremendous support we’ve received from IDA Ireland and of course, the incredible talent pool in this country. 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 chairman, co-founder and CEO.

John Nugent, regional development manager, IDA Ireland, added: “YapStone has ambitious plans to grow its international presence and Drogheda is central to this growth strategy. 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.”

YapStone processes over $15 billion in payments annually and has been recognized on the Inc. 5000 list of fastest-growing private companies for nine consecutive years and named to the Forbes’ List of America’s Most Promising Companies in 2013 and 2015.

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