Press Release 24 Sep 2019

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.

 

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