Mastercard announced the opening of its new European tech hub in Dublin.

The card provider said that the building enables it to accommodate its headcount target of over 2,000 people in the Irish capital by 2025. The company currently has a workforce of 975 in the city.

The hub is the headquarters for Mastercard’s global R&D division, including technologists focusing on a number of areas, including: payments security; APIs; emerging technologies; and others.

“We are thrilled to open the doors to our new European Technology Hub in Dublin, which will serve as an innovation engine for our company across the region and beyond,” said Ed McLaughlin, president of Mastercard operations and technology. “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.”

Mastercard, which first began its operations in Dublin in 2008 with 36 staff, said that the new workplace is built with priority placed on the environment, wellbeing, and neurodiversity.

“Our strength truly is our people and in Dublin we have built a dynamic culture that attracts talent from across the world,” added Ken Moore, Mastercard chief innovation officer. “With new state-of-of the-art facilities and our flexible workstyle approach we want more passionate technologists to join us and continue shaping the digital commerce of tomorrow.”

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