Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 7 companies across 3 categories.
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TransferMate was founded in 2010 as an Irish cross-border payments business and evolved into an embedded B2B payments infrastructure platform licensed in ~100 jurisdictions. It positions itself as the largest non-bank global licensing network, selling API-driven payables, receivables, multi-currency virtual accounts, and FX forwards to banks (Wells Fargo, ING), software platforms, and fintechs rather than to end consumers. Reached unicorn status in 2022 with a $70M round led by UK pension fund Railpen.
Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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alt="Ranked #36 of 179 in FX / Payouts — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/transfermate/install" width="1" height="1" alt="" style="display:none">7 companies are linked to TransferMate in the Embedded Finance Index 2026, through their own public disclosures or TransferMate's published customer list, including Boost Payment Solutions, Alibaba, Qnb Group, Saga plc, SAP Concur, AccountsIQ and Serrala.
TransferMate is an embedded-finance provider in FX / Payouts, Unified FX and PSP. It ranks #36 of 179 FX / Payouts providers by linked companies.
The most-named FX / Payouts alternatives to TransferMate are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).
TransferMate was founded by Terry Clune and is founded in 2010, headquartered in Kilkenny, Ireland.
TransferMate has raised $130M in total.
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