The minority stake investment, which is awaiting approval from the Central Bank of Ireland, reportedly values the company at €250-€300 million. “Cross-border B2B payments can be complex, time-consuming and expensive for businesses,” said CEO Terry Clune in a statement. According to the company, more than $10 billion has been sent through its services since 2010 when it was founded.

http://tech.eu/brief/transfermate-funding/?via=indexdotco