TransferMate announces a €21m investment by ING

 And strategic partnership across the ING corporate client base Investment will help accelerate TransferMate‘s global expansion €51 million Series A funding invested in TransferMate in the past 8 months   29th July 2018 – TransferMate, (“TransferMate” or the “Company”), a leading cross-border B2B payments technology solution, is delighted to announce today a €21 million investment from ING Group N.V. (“ING”), one of Europe’s leading banks, for a small minority equity stake in the Company. TransferMate and ING have also agreed to a strategic partnership, where TransferMate services will be available…

Read More

Blockchain, Payments and Irish FinTech

The past number of weeks in Europe have been very busy for FinTech. The beginning of June saw Money 20/20 in Amsterdam, closely followed by MoneyConf in Dublin. Both conferences had a strong focus on blockchain and cryptocurrency as emerging technologies.  Comparing this focus against the current FinTech Ireland map, only 3 companies are focused on blockchain and cryptocurrencies:   So if Irish indigenous FinTech isn’t busy with blockchain / crypto, where are the majority of the companies focused?  It’s clear from the map that there is a focus on…

Read More

Money20/20 Europe: TransferMate Global Payments

Money20/20 Europe kicked-off in Amsterdam on Monday June 4th. The three day event has left people with a feeling of excitement, hunger for success and an overwhelming sense of being in the thick of something revolutionary. The discussions had at the circus themed event were thought provoking, insightful and almost incredible. The future of money is exciting, it is new and it is changing to something nobody would have ever predicted – at least not ten years ago! Some key take homes from Money20/20 Europe were; we need to build…

Read More

TransferMate Global Receivables

We at TransferMate realise the problems businesses can encounter with billing and collecting overseas payments. This can typically be a long laborious task that may give rise to many issues. With that in mind, we have just launched a new Global Receivables product to the market – your time is now freed up while we look after your Global Receivables! This new Global Receivables solution allows clients to bill and collect overseas payments from thousands of customers in seconds, making is easier to receive cross border payments, all within the…

Read More

Ireland’s Brexit Opportunity

Without doubt this is a challenging time for Irish businesses with exposure to the UK, with certain industries such as food, agri and tourism more exposed than others. With the many challenges surrounding Brexit, not least uncertainties in relation to our border, it is easy to forget that in dark times, there is always opportunity. Joanne Howlin, VP of Growth at TransferMate Global Payments, addressed Dublin Chamber’s Leaders Series on 15th May, focusing on the opportunities which Brexit presents for Ireland Inc, how prepared we are to leverage these opportunities,…

Read More