TransferMate
Founded Year
2008Stage
Unattributed | AliveTotal Raised
$129.89MValuation
$0000Last Raised
$70M | 3 yrs agoRevenue
$0000About TransferMate
TransferMate operates within the financial technology sector, offering cross-border payments, payment solutions for businesses, and management of international receivables and global accounts. TransferMate serves banks, financial institutions, software providers, and sectors that need international payment processing. It was founded in 2008 and is based in Kilkenny, Ireland.
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TransferMate's Product Videos
ESPs containing TransferMate
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The cross-border payments infrastructure & enablement market allows businesses to send and accept global payments on their own websites and payment platforms. Companies in this market offer APIs and technology solutions that enable businesses to process payments across currencies and platforms, make payouts, verify user identities, issue credit cards, and manage international transactions. These s…
TransferMate named as Outperformer among 15 other companies, including Stripe, Adyen, and FIS.
TransferMate's Products & Differentiators
Payables
A global payments infrastructure capable of hitting local, high value ACH and instant rails.
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Research containing TransferMate
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TransferMate in 4 CB Insights research briefs, most recently on Aug 23, 2024.
Aug 23, 2024
The B2B payments tech market map
May 8, 2024
The embedded banking & payments market map
Dec 14, 2023
Cross-border payments market map
Expert Collections containing TransferMate
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TransferMate is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,309 items
Payments
3,277 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
14,203 items
Excludes US-based companies
Latest TransferMate News
Nov 14, 2025
TransferMate, a global leader in embedded B2B payments infrastructure-as-a-service (IaaS), has received a Money Transmitter License (MTL) in the U.S. Virgin Islands. This regulatory approval allows partners and their customers in the region to access TransferMate’s full suite of services, including payments, receivables, and stored funds globally. The license simplifies cross-border transactions, improves cash flow visibility, and reduces the need for multiple banking relationships for B2B clients operating in the U.S. Virgin Islands. The U.S. Virgin Islands license marks another significant step in TransferMate’s global strategy – taking its total number of licenses to 99 – and builds on the momentum of the company recently receiving approval for an e-money license in Singapore. “With every new license we secure, we are reinforcing our position as the most extensively licensed B2B payments provider in the world,” commented TransferMate CEO, Gary Conroy. “With approval now granted in the U.S. Virgin Islands, we’re proud to extend our regulated network even further, enabling our partners and their customers to simplify cross-border payments at scale through trusted compliance, infrastructure, and global reach.” TransferMate has built the largest fintech payment infrastructure in the world, holding 99 licenses and empowering businesses to make and receive payments in 140+ currencies across 200+ countries and territories. Previous article
TransferMate Frequently Asked Questions (FAQ)
When was TransferMate founded?
TransferMate was founded in 2008.
Where is TransferMate's headquarters?
TransferMate's headquarters is located at Ring Road, Kilkenny.
What is TransferMate's latest funding round?
TransferMate's latest funding round is Unattributed.
How much did TransferMate raise?
TransferMate raised a total of $129.89M.
Who are the investors of TransferMate?
Investors of TransferMate include Railway Pension Trustee Co. Ltd., ING and Allied Irish Banks.
Who are TransferMate's competitors?
Competitors of TransferMate include EasyTransfer, Zepz, TerraPay, Qbit, Skydo and 7 more.
What products does TransferMate offer?
TransferMate's products include Payables and 3 more.
Who are TransferMate's customers?
Customers of TransferMate include Ruhrpumpen, Paycheck Plus, HDI Global, American College Dublin and Vat America.
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Compare TransferMate to Competitors
Zepz focuses on digital international money transfers, operating within the financial technology sector. It provides a platform for sending money online to various countries, offering services such as bank deposits, cash collections, mobile airtime top-ups, and mobile money transfers. The company primarily caters to individuals who wish to send funds internationally. Zepz was formerly known as WorldRemit. It was founded in 2021 and is based in London, United Kingdom.
Airwallex engages as a payments and financial platform that provides businesses with tools to manage their finances and operations across borders. The company offers services including multi-currency accounts, international transfers, corporate expense management, and card issuance. Airwallex serves sectors such as eCommerce and retail, software and technology, professional services, and fintechs. It was founded in 2015 and is based in Singapore.
MoneyGram operates in the cross-border peer-to-peer payments and money transfers sector. The company provides a platform for individuals to send and receive money internationally, including services such as online transfers, mobile app transactions, and cash pickups at agent locations. MoneyGram serves a variety of customers, including individuals and businesses, through both digital and walk-in service channels. It was founded in 1998 and is based in Dallas, Texas.
Xflow provides cross-border payment solutions within the fintech industry, focusing on international money transfers for businesses. The company offers services including virtual foreign currency accounts, invoicing with built-in payments, and currency exchange analysis. Xflow serves sectors such as fintech, SaaS, and financial services with its APIs that facilitate global payment processing and compliance management. It was founded in 2021 and is based in Bengaluru, India.
Finofo focuses on global banking, accounts payable automation, and foreign exchange in the financial technology domain. The company offers a platform that allows businesses to hold multi-currency accounts, convert currencies, automate accounts payable, and make international payments. It primarily serves the business finance sector. The company was founded in 2022 and is based in Calgary, Canada.
MOIN is a financial technology company specializing in blockchain-based remittance services. The company offers a platform for sending money internationally. MOIN's services are utilized by individuals needing to transfer funds across borders, including students seeking discounted transfer fees. It was founded in 2016 and is based in Seoul, South Korea.
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