About US


Powering global payables and receivables
for the world’s biggest brands.

Our Story

TransferMate – a subsidiary of CluneTech – was established in 2010. Our founder, Terry Clune, recognized the demand in the market for a user-friendly, straightforward, and cost-effective solution for international money transfers.

Under the leadership of CEO Sinead Fitzmaurice, TransferMate began working with regulators around the world to secure licenses to operate as a global payment’s provider. Through the combination of this network and our award-winning technology, we have forged enduring partnerships with prominent banks, fintech companies, and software providers.

In 2022, TransferMate achieved unicorn status, and has now built a global payments network covering 200+ countries and territories and 140+ currencies on the foundation of 92 licenses.

– Founded by Terry Clune
– TransferMate launches partnership with Sage
– Secures payment-institution licenses for Europe and Australia
– Opened our first U.S. office in Chicago
– Secures regulation for TransferMate Education in India
– Reaches $5 billion in total transactions
– AIB invests €30 million in TransferMate
– Reaches $10 billion in total transactions
– ING invests $21 million in TransferMate
– Partnership with SAP Concur announced
– Partners with Wells Fargo, Coupa Software and Accounts IQ
– Payments API solution for business launched
– Expands into North America with Mexico license approval
– Secures back-to-back license approvals in South America
– Partnership with TouchNet to solve university payment challenges
– TransferMate secures Unicorn status
– Railpen invests $70 million in TransferMate
– Partnerships announced with Leeds United and Haas F1 team
– New embedded payments solution for Banks & FIs launched
– Secures an E-Money License
– Partnerships announced with Barclays, XTransfer, ConnectPay, Moin, Lightnet, Paradigm Sports and Grovara
– Winner of "Best Business Payments System" at the PayTech Award
– Awarded "Fintech Company of the Year" at the National Fintech Award
– Awarded "FinTech of the Year" at the MENA FinTech awards

Our Leadership Team

Terry Clune
Co-Founder & Executive Chairman
Sinead Fitzmaurice
Gary Conroy
Chief Product Officer
Margaret Corrigan
Chief Information Security Officer
Una Downey
Head of Treasury
Maurice Murphy
Corporate In-House Legal Counsel
Barry Henderson
Head of Internal Audit
David Hughes
Chief Commercial Officer
Brian Calnan
Chief Operations Officer
David Kinnear
Head of HR
Alex Clements
Head of AML
Brid Saruwatari
Chief Financial Officer

Our culture

Our team is dedicated to delivering the best possible experience for our partners and customers. We know that a happy team is one that performs at the highest level.
Our #OneTeam ethos encourages mutual support, respect, recognition, and rewards.

Our clients and partners

Our clients and partners cover every industry and geographic area.


… The collaboration results in real value for Wells Fargo customers.

We’ve increased our revenue by 2-3% and chase payments 20-30% less now

…We’ve been able to build something great.

We are proud to call TransferMate a partner…

…the transparency from the {TransferMate} team has been really good.

They’re someone you can trust.

Our Investors

We have attracted major strategic investments from leading banks such as ING Group N.V., Allied Irish Bank, and Railpen, who have cumulatively invested over €120 million in our team and technology.



Get in touch with the team.

Contact Us