Mastercard Will Hire 470 to Triple Size of Its Manhattan Tech Hub

Mastercard Inc. credit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, Oct. 24, 2016.Photographer: Andrew Harrer/Bloomberg

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By Jennifer Surane

November 30, 2017 at 3:50 PM UTC

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Mastercard Inc. will hire 470 people as the world’s second-largest payments network expands its technology hub in New York City.

The company will move to a new 212,000 square-foot location in Manhattan’s Flatiron neighborhood, it said Thursday in a statement with Governor Andrew Cuomo. The firm, which already has 250 research-and-development and technology employees in the city, plans to add the new jobs by 2024.