Dive Brief:

• Digital payment provider Block announced the opening of an office in Dublin, Ireland, intended to expand the company's European footprint.
• In addition to workspaces, the new location will include a product demo lab where Block can show off its products to potential customers, a Thursday news release on the company's website said.
• "We're here to drive meaningful dialogue on the issues shaping financial innovation, and ensure that our ecosystem serves everyone," John O'Beirne, CEO of Block’s Square International, said in the release.

Dive Insight:

Dublin is something of a hub for fintech activity in Europe, and several major payment companies, such as Adyen and Stripe, have offices there. 

Block's new office is located in one of the city's business districts. Numerous major multinational companies such as Microsoft and Mastercard also have offices in the city.

Thursday's release did not say precisely when the Dublin office opened, and spokespeople for the company did not immediately respond to a request for comment. 

Block — which is headquartered in Oakland, California — also has offices in London. The company’s product include the point-of-sale service Square and the buy now, pay later service Afterpay.

Ireland was chosen as the location for the new office because of the strategic advantages the country offers, the news release said, without elaborating.