US software firm Yapstone creating 120 jobs in Drogheda

A US software company is creating 120 jobs over the next three years in County Louth.

Yapstone, which handles payments for online holiday rentals, is setting up its European headquarters in Drogheda.

The jobs will be in the areas of customer support, research and development, software engineering, finance and accounting.

The electronic payments company also runs ParishPay, a service for donating to faith-based organisations.

The Republic's Minister for Jobs, Enterprise and Innovation made the jobs announcement in California, where he met YapStone founders Matthew Golis and Tom Villante.

"Their decision to locate in Ireland, for the first time, to establish their Europe, the Middle East and Africa (EMEA) headquarters in Drogheda with the creation of 120 jobs, is great news for the north-east and for the country," said Richard Bruton.

"A key part of the government's plans for jobs and growth is to attract more multinational companies to Ireland, and e-commerce and payments technology offers particular potential for employment creation."