Stripe is creating over 1,000 new jobs in Ireland over the next five years.
It’s adding to its workforce due to a €42 million investment from the Ireland Strategic Investment Fund.
It will also support more than 10,000 Irish businesses to expand into new global markets.
The global payments tech company was founded by Limerick brothers Patrick and John Collison.
The company says it will use the capital to invest in its European operations, and its Dublin headquarters in particular.
John Collison, president and co-founder of Stripe, said "We're investing a ton more in Europe this year, particularly in Ireland.
Tánaiste Leo Varadkar said: "This is fantastic news on the jobs front and the start of a really welcome partnership between the Irish State and Stripe.
"Over 1,000 new jobs will be created over the next next years. These are really good, well-paid, professional jobs and will be a real boost to the economy. I wish Stripe the very best with its plans".
