Payrails, a modular payment operating system based in Germany, has opened a new office in Dublin as part of its ongoing expansion throughout Europe.
An IDA Ireland news release shows Payrails plans to hire 50 new commercial and technical staff by 2028 as the new hub focuses on strengthening relationships with enterprise customers across the continent and accelerating product development.
“Ireland offers both a sophisticated fintech ecosystem and access to world-class talent, making it an ideal hub for deepening relationships with enterprises in the region. Our strategy has always been to bring technology closer to clients so that we can be more responsive, more collaborative and more effective. With this local base, we aim to deliver even stronger support, speed and innovation to merchants operating across Europe,” Orkhan Abdullayev, CEO of Payrails, said in a statement.
Payrails provides solutions that simplify payment operations and automate financial workflows, helping enterprises manage and scale their payment systems more efficiently.