TransferMate’s $70 Million Funding Round

Arthur Cox advised TransferMate on the deal.

TransferMate, the world’s leading provider of B2B payments infrastructure as-a-service, raised $70 million in a funding round bringing the company to a valuation of $1 billion and $130 million of total funding to date.

The funding round was managed by Barclays Bank PLC, acting through its investment bank.

The Arthur Cox team was led by Michael Coyle (Picture) and Ryan Ferry and included Tim Gleeson and Susan O’Leary (Corporate and M&A) and Rob Cain and Sarah Thompson (Financial Regulatory).

Involved fees earner: Robert Cain – Arthur Cox; Michael Coyle – Arthur Cox; Ryan Ferry – Arthur Cox; Tim Gleeson – Arthur Cox; Susan O’Leary – Arthur Cox; Sarah Thompson – Arthur Cox;

Law Firms: Arthur Cox;

Clients: TransferMate;

Giulia Di Palma

Author: Giulia Di Palma