Founded Year

2010

Stage

Unattributed | Alive

Total Raised

$129.89M

Valuation

$0000 

Last Raised

$70M | 3 yrs ago

Revenue

$0000 

About TransferMate

TransferMate is a global B2B payments technology company that specializes in cross-border transactions within the financial technology sector. The company offers services that facilitate international payments, provide virtual multi-currency accounts, and integrate with enterprise resource planning systems for businesses and financial institutions. TransferMate's technology enables clients to execute global payments with enhanced exchange rates, transparency, and security. It was founded in 2010 and is based in Kilkenny, Ireland. TransferMate operates as a subsidiary of Clunetech.

Headquarters Location

IDA Business and Technology Park, Ring Road

Kilkenny, R95 ETN5,

Ireland

+353 1 635 3700

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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.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

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.

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.

U

Unicorns- Billion Dollar Startups

1,276 items

P

Payments

3,198 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.

F

Fintech

13,978 items

Excludes US-based companies

Latest TransferMate News

Qualy embeds TransferMate payments to support global education

Jun 12, 2025

Global reach and platform integration The integration supports payments from a wider range of countries than previously available to Qualy clients. This is expected to expand access for institutions and agents operating across various regions, including Brazil and Australia, where the company has built an existing customer base. TransferMate’s payment infrastructure is now fully embedded in the Qualy environment, meaning users do not need to leave the platform to initiate, track, or reconcile transactions. According to a Qualy representative, the decision to partner was based on TransferMate's sector-specific functionality, which they said aligned with the platform's international payment objectives. A representative from TransferMate noted that the integration addresses sector-specific challenges in education payments, including commission settlements, invoicing, and support for multiple payment methods like direct debit and instalment plans. The announcement comes as Qualy also rolls out a new AI-based tool designed to extract data from Letters of Offer, eliminating the need for manual entry and further reducing administrative workload for institutions. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.

TransferMate Frequently Asked Questions (FAQ)

  • When was TransferMate founded?

    TransferMate was founded in 2010.

  • Where is TransferMate's headquarters?

    TransferMate's headquarters is located at IDA Business and Technology Park, 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 Zepz, TerraPay, Qbit, Skydo, MOIN 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 Logo
Zepz

Zepz is a company in the financial technology sector that facilitates international payments. It provides digital solutions for sending money across borders, including options for bank deposits, cash collections, and mobile money services. Zepz serves the ecommerce industry by offering online money transfers. The company was formerly known as WorldRemit. It was founded in 2021 and is based in London, United Kingdom.

Airwallex Logo
Airwallex

Airwallex develops a global financial platform focusing on providing business payment solutions within the financial technology domain. The company offers an array of services, including global business accounts for managing finances, international transfers, multi-currency corporate cards, and online payment processing capabilities. It primarily serves the payment industry. The company was founded in 2015 and is based in Melbourne, Australia.

MoneyGram Logo
MoneyGram

MoneyGram operates in the cross-border peer-to-peer payments and money transfers sector within the financial services industry. The company provides services including international money transfers, cryptocurrency transactions, bill payments, and mobile top-ups, targeting individual consumers and businesses. MoneyGram offers opportunities for digital partnerships and developer API access for businesses. MoneyGram was formerly known as Integrated Payment Systems. It was founded in 2003 and is based in Minneapolis, Minnesota.

MOIN Logo
MOIN

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.

F
Finofo

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.

Verto Logo
Verto

Verto operates as a business-to-business (B2B) cross-border payments platform. It provides financial technology and services for businesses. The company offers products including multi-currency business accounts, global expense management, foreign exchange (FX) and treasury management, and invoice payment processing, which facilitate international transactions and financial operations. Verto serves startups, mid-size companies, and enterprises across various sectors that require cross-border payment solutions and currency management. It was founded in 2017 and is based in London, United Kingdom.

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