Online payments firm YapStone to create 200 jobs in Co Louth

[“Online payment firm YapStone to create 200 jobs in Co Louth” originally appeared in The Irish Times and is written by Charlie Taylor.]

Global online payments firm YapStone is to create 200 jobs in Ireland as part of a (€41 million) investment here.

The company, which first established operations in Ireland in 2012, officially opened a new 16,000 square-foot international headquarters in Drogheda, Co Louth last year where it currently employs 125 people.

YapStone said it had decided to grow its Irish presence by establishing a Product Engineering development centre at its Drogheda facility with recruitment commencing in early 2018 for over 200 highly skilled engineering and technology roles over the next five years.

“Partnering with the Irish Government is one of the best decisions our leadership team has made,” says Tom Villante, co-founder and chief executive of the company. “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.”

The California-headquartered company, which has raised over €115 million in funding since it was established in 1999, processes $15 Billion in payment volume annually.

YapStone provides web and mobile payment solutions for targeted markets, including holiday and apartment rentals, commercial real estate, and self-storage.