Investment underscores Arklow’s importance in Irish payments industry.
ARKLOW, 24th September 2019: Elavon has today unveiled its new, renovated Arklow office which underwent an extensive refurbishment. The redesigned facility supports the growth of Elavon, an innovative payments company and key employer in County Wicklow. Elavon has had a presence in Arklow for 19-years, making the town a ‘mini’ Fintech hub in Ireland. With its Arklow operations, the company is investing in digital solutions to help Irish businesses grow by integrating their online, face-to-face and mobile payments technology.
Elavon is supported by the Irish Government with the support of IDA Ireland.
Michael D’Arcy, local TD and Minister of State with special responsibility for Financial Services and Insurance, helped open the refurbished office along with top management from Elavon and U.S. Bank.
Minister of State Michael D’Arcy commented: “I am delighted the see the investment that Elavon has made into its offices in Arklow. This expansion highlights County Wicklow’s contribution to the financial services industry in Ireland.”
Declan Lynch, CEO at Elavon Financial Services said: “Our Arklow facility is one of Elavon’s largest workplaces in Ireland. We are deeply proud of our local talent that innovates and supports Elavon’s growth across Europe.”
Kieran Donoghue, Global Head of International Financial Services, Strategy & Public Policy at IDA Ireland welcomed the announcement stating: “Elavon operates in a very competitive and innovative market and this new investment in its office and infrastructure in Arklow will underpin and support the company’s ongoing operations and future development. On behalf of IDA Ireland, I would like to congratulate Declan and his team and wish them every success”.
Elavon is a top choice for businesses looking for a reliable and secure payments partner, and a leading financial services employer in Ireland. Elavon is a subsidiary of U.S. Bancorp (NYSE:USB), named as one of the 2019 World's Most Ethical Companies by the Ethisphere Institute for five-years running.
Notes to editors
For further information contact:
Murray (01) 498 0300
Orna Clarke 087 677 0360
Aoibheann O’Sullivan 087 629 1453
Rebecca Hackworth, Corporate Communications, Europe
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.