
BlueSnap Extends Global Operations with New European Headquarters and Appointment of EU Board
To encourage growth, BlueSnap has secured a Payment Institution license from the Central Bank of Ireland to the Payment Institution, allowing more customers to boost revenue through higher global authorization rates
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CIO Applications Europe | Monday, March 01, 2021

To encourage growth, BlueSnap has secured a Payment Institution license from the Central Bank of Ireland to the Payment Institution, allowing more customers to boost revenue through higher global authorization rates and lower cross-border fees. Fintech, along with its UK licensing, will also maintain its London office.
Fremont, CA: BlueSnap, the all-in-one payment platform which helps B2B and B2C businesses across the world reduce costs and increase sales, has opened a new office in Dublin as the fintech firm expands its global operations.
Dublin was selected as the place of BlueSnap's new European headquarters thanks to its reputation as a global hub of fintech excellence, home to the most significant start-up accelerator programs and technological innovation. The new Irish office was set up to make sure there was no disruption to services as a consequence of Brexit and will play a leading role in supporting BlueSnap's EU customers.
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To encourage growth, BlueSnap has secured a Payment Institution license from the Central Bank of Ireland to the Payment Institution, allowing more customers to boost revenue through higher global authorization rates and lower cross-border fees. Fintech, along with its UK licensing, will also maintain its London office.
Ralph Dangelmaier, CEO at BlueSnap, stated, "The opening of our new EU headquarters in Dublin marks an exciting milestone in BlueSnap's international expansion, as well as a sign of our commitment to supporting customers both at a local market level and around the globe. Acting as our European hub, the new HQ in Ireland has already helped us deliver a seamless transition for BlueSnap merchants operating in Europe, as Brexit came into effect at the start of January."
Former Managing Partner and Chairman of Arthur Cox, Eugene McCague, has been named by the payment company as its Chairman of EU Operations. McCague brings more than 35 years of experience as a business lawyer specializing in restructuring, M&A, and corporate governance.
From 1999 to 2003, he worked as Managing Partner of Arthur Cox, one of Ireland's leading corporate law firms, and from 2006 to 2013 as Chairman and Senior Partner. McCague was formally retired from Arthur Cox in 2017.
During his tenure at the firm, he worked as a client partner for some of his biggest clients, including Aer Lingus, Bank of Ireland, and PaddyPower. McCague will now lead the newly formed EU Board of BlueSnap, which is responsible for overseeing the European operations of the company.
Commenting on his appointment, McCague stated, "With more businesses than ever opening their eyes to the advantages of all-in-one payment solutions and the operational benefits this can drive, there's a huge opportunity to transform the way firms do business for the better. I'm delighted to be joining BlueSnap at this exciting time in its growth and proud to be driving this step change across Europe."
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