TransferMate is a global B2B payments technology company that enables businesses to send and receive cross-border payments.
Its financial technology is designed to enable its customers to make cross-border transfers online. This allows them to receive funds locally and make payments locally, with the goal of eliminating the need for intermediary banks and international remittance fees.
According to the company, by the end of 2017, more than $11 billion had been processed through TransferMate‘s technology.
Since its inception, the company has grown to 185 employees by the end of 2017.
In 2020, the company employed more than 1,400 people in 22 countries, according to its website.
The company is headquartered in Kilkenny, Ireland, and has additional offices in San Francisco, New York and Sydney.
TransferMate’s network of payment systems is licensed and regulated in all 50 U.S. states, Canada, Australia, New Zealand and in Europe.
We rate the company on Green.