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February 12, 2021

Payment platform BlueSnap sets up European headquarters in Ireland

By Shalini mani

American payment platform BlueSnap has expanded its global operations by establishing its European headquarters in Dublin, Ireland.

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  • ESG
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  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
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  • Regulations
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The new office is part of the company’s plan to steer clear of any disruptions to its services in the European region after Brexit.

The company has obtained a Payment Institution license from the Central Bank of Ireland to facilitate the expansion.

BlueSnap said the new office will play a key role in supporting its EU customers. It will also retain its office in London along with its UK licence.

Dublin has been picked as new European headquarters because of its reputation as a global hub of fintech excellence, the company said.

BlueSnap CEO Ralph Dangelmaier said: “The opening of our new EU headquarters in Dublin marks an exciting milestone in BlueSnap’s international expansion, as well as a sign of our commitment to supporting customers both at a local market level and around the globe.

“Acting as our European hub, the new HQ in Ireland has already helped us deliver a seamless transition for BlueSnap merchants operating in Europe, as Brexit came into effect at the start of January.”

Concurrently, BlueSnap has named former Arthur Cox managing partner and chairman Eugene McCague as the chairman of EU operations.

Additionally, the fintech has added three more acquiring banks to its global network of banking partners to offer customers with local acquiring in more regions.

In October 2019, BlueSnap acquired Armatic, an accounts receivable and invoicing automation services provider.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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