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28 Apr 2016

TransferMate Global Payments Co-Founder Named Top 100 CFO

Dublin, 28th April – Co-Founder of TransferMate Global Payments Sinead Fitzmaurice was last night named as one of the Top 100 Most Innovative & Influential CFOs in Ireland. The CFO Top 100 edition recognises the top 100 Chief Financial Officers working across some of the largest corporates in Ireland and highlights their financial acumen, innovations, and the contribution they make to businesses throughout Ireland.

After training as a chartered accountant at PwC, Sinead Fitzmaurice became a manager and began working internationally. She returned to Ireland at 30, joining The Taxback Group, where she worked closely with the group CEO, Terry Clune. Five years later, she co-founded TransferMate Global Payments with Barry Dowling and Terry Clune.

TransferMate is firmly focused on challenging the banks in providing business worldwide with a smarter way to exchange foreign currencies and to send and receive international payments. The business processed in excess of $5bn in cross-border payments and is growing fast increasing the team by 30% from 105 to 165 in a little over 6 months.  Over 80% of TransferMate’s clients are based outside of Ireland winning the business awards all over the world and most recently the 2016 Big Innovation Award in the US.

"Our goal has always been to offer business a more valuable proposition when it comes to handling foreign currency payments. We have invested significant resources in building our own global bank account clearing network and global regulation to enable our team to move money faster and cheaper than the banks can. Having come from an international business background, I know what business expect and our job is to go above and beyond those expectations." says Sinead.

TransferMate’s solution now integrates into many of the world's largest accounting and ERP systems enabling business to streamline payments and eliminate double entry between the banks and their business systems.

“There is no question that Sinead’s leadership and pioneering approach in taking highly advanced concepts, that challenge everything that has gone before and turning these ideas into simple, innovative solutions for all business users alike, is something quite remarkable. Her visionary direction has changed the FinTech landscape and I am excited about our plans for 2016 and beyond.” Terry Clune, CEO, The Taxback Group.

About TransferMate
Media Contact
Darragh Muldoon
Marketing Manager
T: 01 6353700