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TransferMate raises $70m in growth funding

UK based B2B payments infrastructure company raised $70m in growth funding led by Railpen.

“By combining our technology and our global licence network, we empower software providers, banks and fintechs to deliver payments dramatically faster & cheaper than the traditional SWIFT system. We will use this investment to continue to recruit senior financial talent who can help broaden our customer base.”

Tags

payments, infrastructure, b2b