Rate Checker

The following rates are interbank rates. This is the rate at which banks buy and sell money from each other. These rates are not available to private individuals or small to medium companies. They are therefore provided for indicative purposes only. For a quote please phone our team.

Coupa partners with TransferMate to enhance Coupa Pay

Last year, Coupa announced a strategic partnership with TransferMate Global Payments to enhance their Coupa Pay offering and deliver on their vision of creating a comprehensive cloud platform for businesses to spend smarter, simpler, and safer at every transactional step of their Business Spend Management strategy.

“For far too long, businesses have been forced to deal with a complicated and labor-intensive payments experience, and we purpose-built Coupa Pay to address this challenge. Today’s announcement is another step forward in realizing our vision of one platform to manage all business spend, including payments. It’s now even easier for the BSM community to manage payments seamlessly with their other business spend processes so everyone is spending and paying smarter.”

Rajiv Ramachandran, VP of Product Strategy at Coupa, announcing partnership with

Coupa regarded as leader in P2P industry

Coupa is ranked a ‘Leader’ in the Gartner Magic Quadrant and the Forrester Wave for being innovative and delivering a first in class product and customer experience. Through a strategic partnership with TransferMate, Coupa was able to enhance a vital component of the customer experience: payments. Coupa Pay, in partnership with TransferMate, offers Coupa customers a simpler way to process B2B and invoice payments with technology that delivers a seamless payments experience. Leveraging TransferMate’s globally regulated network of local bank accounts and payments technology, Coupa Pay delivers a faster, more cost-effective, secure and transparent way to move money across borders for their customers.

Coupa stock continues to climb

Coupa Pay has drawn attention from financial analysts, both for its impact on Coupa’s success this past year and as being key to Coupa’s growth
in fiscal 2021 and beyond. NASDAQ reports that Coupa stock has returned 137% year to date, substantially outperforming the industry’s rally of
19.6%, referencing Coupa Pay and Coupa’s partnership with TransferMate as a noteworthy product enhancement. Morgan Stanley analyst Stan Zlotsky states that “(The) Coupa Pay software subscription component gives us confidence in the company being able to at least maintain 30% annual growth through the $1 billion revenue target, combined with numerous
opportunities in federal and Asia-Pacific.”

Recent Financial Analyst Statements

Wells Fargo – Jan 2020
“Coupa Pay presents a potential key for unlocking additional monetization of the $1Tn+ in spend under management on this platform.”

Needham – Jan 2020
“CEO Rob Bernshteyn and CFO Todd Ford, the management highlighted strong customer interest in Coupa Pay and the ability for these deals to increase annual contract value, or ACV.

About TransferMate

We are passionate about creating solutions that solve global payments challenges for our partners and their customers around the world. TransferMate has an unmatched portfolio of worldwide payment licences including 50 U.S. states/territories to support operations in 180 countries in local currencies. Our team has unrivalled experience in banking and financial services technology to ensure we create solutions that make a difference to our customers lives, giving peace of mind, time and financial savings.


Use bulk payments to make up to 10,000 payments to employees or partners with a single click

  • We use cookies to give you the best online experience. If you continue browsing our site, you consent to our use of cookies.
  • We also use additional, non-essential cookies in accordance with our cookie policy. By clicking accept below, you agree to additional cookies. If you click decline, only standard cookies will be used and you can continue to use our site.
  • Click on Privacy Settings below to manage individual additional, non-essential cookies.
Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here. Some cookies are needed to make our website work and can't be turned off. Click below to accept or decline the additional cookies. 

These cookies are needed to make our site function and cannot be turned off.

In order to use this website we use the following technically required cookies
  • redux_blast
  • wordpress_gdpr_allowed_services
  • wordpress_gdpr_cookies_allowed
  • wordpress_gdpr_cookies_declined
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wp-settings-1
  • wp-settings-time-1
  • wordpress_sec

Decline all Services
Accept all Services