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Railpen led a $70m funding round in TransferMate.

Synopsis

Railpen, a pension fund, led a $70m funding round in TransferMate, a B2B payments technology company. "We are delighted to welcome Railpen as a shareholder at this exciting time. 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,” Terry Clune, TransferMate Founder.

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