News
06 Nov 2017

TransferMate Secures New York License completing its entire US State Wide approval

New York, USA – May 5th, 2017 – TransferMate, the world’s leading cross-border payments platform today announced that they have successfully added New York to their list of regulated territories. This news follows hot on the company’s recent announcement of further expansion across the USA and further substantial job creation.

 

TransferMate provide award-winning cross-border solutions and applications, creating genuine levels of disruption in the international FinTech industry. The company has in excess of 7,000 corporate clients in over 50 countries and a growing following of end-users using its payments platform via the seamless integration with the world’s leading accounting software packages. To-date, $10 billion has been sent through TransferMate’s business payments infrastructure to over 200 countries.

 

Co-Founder of TransferMate and Chief Financial Officer, Sinead Fitzmaurice said, “Joining a rare list of similar companies focused on B2B international payments to secure approval from the NY Banking Authority, the most influential Fintech city in the world is an incredible validation of the robustness and unique offering of the TransferMate international payments platform. With this license, we look forward to working with businesses in New York involved in international trade to provide them an exceptional offering when sending or receiving funds globally.”

 

About TransferMate

 

TransferMate Global Payments offer the smartest solution for businesses worldwide to both send and receive international payments. Using our online platform and global banking infrastructure, we virtually eliminate the cost of sending international business payments by collecting and sending payments using our own banking network. Our client’s benefit from better exchange rates, lower bank transfer fees and direct integration into their back end accounting systems. TransferMate is becoming the provider of choice due to its ongoing investment and focus on products and regulation. TransferMate’s mission is to connect businesses across the world when sending and receiving international payments and disconnect the slow and fee levying banks in the middle.

 

For more information, call our 24 hour phone line – 312 924 3737