Transfermate Secures $70M Funding Round To Accelerate Innovation In B2B Cross-Border Payments And Expand Its Global Presence; Company Valued At $1Bn
Amount Raised
$70 Million
Round Type
Funding Round
Description
TransferMate, the world’s leading provider of B2B payments infrastructure as-a-service, today announced a $70M funding round bringing the company to a valuation of $1BN and $130M of total funding. Railpen, one of the largest UK pension funds, managing £37 billion, participated in the round.
Quick answer
TransferMate raised $70 Million in a Funding Round round, dated May 23, 2022.
- How much did TransferMate raise?
- TransferMate raised $70 Million in a Funding Round round on May 23, 2022.
- What does TransferMate do?
- TransferMate is a global B2B payments technology company that enables businesses to send and receive cross-border payments faster and more easily than ever before.
- Where is TransferMate based and how big is it?
- Fundz records about 430 employees.
- Who are the decision-makers at TransferMate?
- Fundz holds 1 contact at TransferMate. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as TransferMate that raised within 45 days of this round, from Fundz verified event records.
- Lucinity raised $17M (Series B) on July 7, 2022.
- Outschool raised an undisclosed amount (Series B) on July 5, 2022.
- Yap raised $41M (Funding Round) on July 4, 2022.
- Shore Capital Partners raised $290M (Funding Round) on June 30, 2022.
- Mo Hash raised $6M (Seed) on June 30, 2022.
- Focal Point raised $3M (Seed) on June 30, 2022.
Who to call at TransferMate, and when
A new round usually means TransferMate is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TransferMate raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TransferMate, from your own LinkedIn network
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Fundz sees it the moment TransferMate raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
TransferMate raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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