UK-based fintech Paysend, is opening of an EU office in Dublin to drive its expansion into the European market. Having recently received an Electronic Money Institution licence (EMI) from the Central Bank of Ireland, the office will be used to expand the simple card-to-card payment service provided by digital payments company Paysend into new European corridors.
Led by European CEO, Céline Singleton, the office is in the process of recruiting a team of up to 30 employees to take the strategy forward.
The Dublin office will be one of four global hubs run by Paysend, alongside Miami, Edinburgh and global head office London. Paysend already operates in over 170 countries worldwide serving more than 7 million customers.
“Dublin has become a great operating hub for tech companies, with a skilled workforce and a thriving business community. We have an excellent opportunity here to attract top talent to help drive our growth into more locations in Europe,” said Singleton.
Executive director of IDA Ireland Mary Buckley said: “Ireland has a proven track record of being an attractive location for global companies to access a well-established talent pool. We are pleased to be working with Paysend as they use Dublin as their European hub.”
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