Mastercard has announced the expansion of its European Tech Hub in Dublin with the opening of a second office building at its Leopardstown campus.
Since establishing operations in Ireland in 2008 with just 36 employees, Mastercard has grown its Dublin workforce to more than 2,000 people.
The company said its Dublin teams have helped develop key technologies behind everyday payments made by millions of people around the world.
“Europe has always been a driving force in payments innovation and Dublin sits at the heart of that story for Mastercard,” said Ed McLaughlin, President and Chief Technology Officer at Mastercard.
“From AI and cybersecurity to next-generation payments infrastructure that brings greater resilience and speed to commerce, the work happening here is helping build the future,” Mr McLaughlin said.
The new building, Two South County, was officially opened by Taoiseach Micheál Martin.
“The opening of Mastercard’s new office is a strong endorsement of Ireland’s reputation as a leading location for innovation, technology and digital transformation,” Mr Martin said.
“Mastercard has played a key role in shaping the future of payments and financial technology globally, and its continued expansion in Ireland highlights the strength of our talented workforce, pro-business environment and vibrant technology ecosystem,” he added.
Michael Lohan, the CEO of IDA Ireland, said Mastercard’s decision to expand its European Tech Hub in Dublin is a strong vote of confidence in Ireland.
“This latest investment positions the Dublin team to play an even greater role in developing exciting new technologies that will shape the future of payments, while further strengthening Ireland’s thriving financial services sector,” Mr Lohan said.
