TransferMate Global Payments, founded in 2008 and headquartered in Ireland, is a B2B fintech company specializing in global payments infrastructure. Described as "Global payments infrastructure for banks, fintech, and software providers," TransferMate has established a leading position in cross-border payment solutions.
The company has built an extensive portfolio of payment licenses encompassing 200+ countries and territories and 140+ currencies, supported by 92 licenses. Leading financial institutions such as ING Group N.V. and Allied Irish Bank have invested a cumulative €51 million, underscoring TransferMate's strategic value.
TransferMate's offerings are particularly appealing for banks, fintechs, and software providers aiming to deliver seamless user experiences through better exchange rates and enhanced reconciliation, thanks to direct integration with accounting systems.
The firm secured its latest investment—a $70 million Series C investment—from Railpen in May 2022, highlighting continued confidence in its growth trajectory. TransferMate is well-positioned to capitalize on future opportunities in the ever-evolving global payments landscape.