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#564 by ARRIrelandtransfermate.com ↗

TransferMate

Cross-border B2B payments infrastructure sold to banks, fintechs and software providers so they can offer international payments to their business customers.

ARR
$248M revenue (est.)
as of Oct 2026
Employees
370
as of Oct 2026
Valuation
$1B
4.0× ARR
ARR / employee
$670K
revenue efficiency
About TransferMate

TransferMate is an Irish B2B payments company. Banks, fintechs and software or ERP providers embed its platform to send and receive cross-border payments and to reconcile them. It says it holds 92 payment licences covering 200+ countries and territories and 140+ currencies. It is privately held and has raised about $130M in total. The last round was $70M in May 2022, led by Railpen, at a reported $1B valuation. Earlier investors include AIB and ING. Headcount is roughly 410–420 in 2026, and Gary Conroy became CEO in 2025.

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