Fintech startup Trust Payment expands into Ireland
Trust Payment has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country's Fintech sector.
Jonathan O'Connor, Chief Commercial Officer, Trust Payment: "As we emerge from Covid, tourism in Ireland will thrive once more. We are active in the travel industry and can work with a number of partners both in the EU and the US who are keen to build local relationships in Ireland. In addition, we want to drive new and exciting crypto payment and blockchain loyalty product solutions for Irish merchants. Our leadership position in the crypto payments market out of Malta gives us a competitive advantage in the Irish market."
Trust Payments will initially target Irish SMEs with a turnover of €1m or less, offering digital payment, Crypto, Blockchain and options in person (POS) as well as larger organisations operating in the retail, travel, education, financial services, hospitality, online gaming and emerging verticals.
O'Connor added, "We are excited to work with local Irish Fintechs and will offer local start-ups in payments, customer loyalty, travel and online gaming the opportunity to showcase and engage in early pilots with existing Trust Payments clients in the European, North American and Asia Pacific regions. This will provide critical early 'voice of the customer' feedback for selected companies and help Irish startups to grow. Details of this program will be published on our website by the end of June. Ireland has a thriving business scene. By opening new offices in Ireland, we will be able to focus even more on our customers in Ireland, as well as gain new customers locally. We will have some key senior hires based in Ireland and plan to tap into the great local talent pool of Fintech professionals to help support our local expansion."
Trust Payments is a major player in digital payments globally, and particularly in the UK and Europe. In Ireland, the company already supports a number of clients including Brandon House Hotel, Mill Park Hotel, Nuremore Hotel & Country Club and the George Hotel via a long-term partnership with Guestline.
Clio O'Gara, Country Manager, Guestline: "Trust Payments and Guestline have been working together in Ireland since 2016. Via our partnership, we offer GuestPay, a highly specialised payment solution for the hospitality industry. We are looking forward to working together even more closely to further make an even bigger impact in the market. We will offer more Irish hoteliers an innovative specialist single seamless payment solution for all their payment needs including merchant acquiring, integrated point of sale and payment processing services."