FundedIQ
Financial Services

TransferMate: Funding, Investors & Team (Sep 2026)

TransferMate is a global B2B payments technology that enables companies to send and receive payments. It has built one of the largest private portfolios of payment licenses worldwide (including licenses in all 50 US States). By owning its license network end-to-end, users can both send and receive payments for their clients at half the cost and twice the speed of banks.

www.transfermate.com LinkedIn Kilkenny, Ireland 251-500 employees
Total raised
$70.0M
Rounds
1
Latest
Series C
May 2022

TransferMate has raised $70.0M across 1 funding round on record, the most recent a Series C of $70.0M announced in May 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

TransferMate Company Profile and Key Stats

Total funding raised
$70.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series C
$70.0M in May 2022
Employees
251-500
reported band
Headquarters
Kilkenny, Ireland

Latest funding round on record: May 2022.

TransferMate Funding Rounds

Date
Round
Amount
Series C
$70.0M

TransferMate Founders and Leadership Team

Name
Role
Contact
Sinead Fitzmaurice
CEO
Locked

Contact details for the TransferMate team: 1 of 1 has an email address on file.

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TransferMate Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
428
$4.5M
1,814
$58M

TransferMate's latest round of $70.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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TransferMate Funding FAQs

What does TransferMate do?

TransferMate is a global B2B payments technology that enables companies to send and receive payments. It has built one of the largest private portfolios of payment licenses worldwide (including licenses in all 50 US States). By owning its license network end-to-end, users can both send and receive payments for their clients at half the cost and twice the speed of banks.

How much funding has TransferMate raised?

TransferMate has raised $70.0M across 1 round on record. The most recent is a Series C of $70.0M announced in May 2022.

When did TransferMate last raise funding?

TransferMate's most recent funding round on record is a Series C of $70.0M, announced in May 2022.

Who is the CEO of TransferMate?

Sinead Fitzmaurice is listed as CEO at TransferMate.

Where is TransferMate headquartered?

TransferMate is based in Kilkenny, Ireland.

How many employees does TransferMate have?

TransferMate is in the 251-500 employee band.

How does TransferMate's funding compare to other Financial Services startups?

TransferMate's latest round of $70.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's TransferMate Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TransferMate is left off this page rather than filled in.

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