Mastercard has opened “One South County,” its European technology hub in Dublin, the company announced Thursday (April 7).
The 138,210-square-foot property allows Mastercard to accommodate more than 2,000 workers by 2025, as the payments technology company grows its 975-person workforce, the company said.
Mastercard said it expects the hub to attract technologies dedicated to shaping the future of commerce. It will feature experts in payments security, APIs, emerging technologies and more.
The hub will also serve as the headquarters for Mastercard’s research and development division, dubbed ‘The Foundry.’
“By increasing our global technology footprint, we can be in closer proximity to our customers and stay at the cutting edge of emerging payment technology in support of all our stakeholders,” said Ed McLaughlin, president of Mastercard operations and technology, in a statement.
More than two years ago, Mastercard announced plans to expand its Leopardstown, South Dublin tech hub.
Read more: Mastercard To Expand Euro Tech Hub In Dublin
Mastercard launched operations in Ireland in 2008, with three dozen staffers at the location.
At the time, Mastercard said the building will support Mastercard in continuing to evolve its ‘Future of Work’ approach, which focuses on how, where and when employees collaborate.
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