TransferMate Global Payments

TransferMate Global Payments is a leading player in the B2B payments technology space, offering a global payments infrastructure for banks, fintech, and software providers. Founded in 2008, the company has positioned itself as a key facilitator for companies looking to streamline their cross-border payment processes. With a vast network spanning 200+ countries & territories and 140+ currencies, supported by 92 licenses, TransferMate boasts one of the largest portfolios of payment licenses globally. The company's unique value proposition lies in its ability to provide businesses with faster and more transparent cross-border payment solutions, resulting in better exchange rates and improved reconciliation. This has attracted partnerships with leading banks, fintechs, and software providers who seek to enhance the payment experience for their business customers. In terms of investments, TransferMate has secured significant backing from key players in the industry. Notably, ING Group N.V. and Allied Irish Bank have collectively invested an impressive €51 million in the company, underscoring their confidence in TransferMate's strategic vision and growth potential. Most recently, the company received a substantial $70.00M Series C investment from Railpen on 23 May 2022. With its headquarters in Ireland, TransferMate continues to strengthen its position as a pivotal player in revolutionizing cross-border payments for businesses globally.