XTransfer and TransferMate strategic partnership for B2B cross-border payments

XTransfer announced strategic partnership agreement with TransferMate on November 27, 2023.

Primary

XTransfer

Counterparty

TransferMate

Structure

strategic partnership agreement

Date

November 27, 2023

Sub-sector

B2B Payments

XTransfer integrates TransferMate's global payments infrastructure to expand cross-border payment capabilities for ~400,000 SME merchants across 6 initial countries.

Primary company

XTransfer

Counterparty

TransferMate

Amount

Not disclosed

Event date

November 27, 2023

Sub-sector

B2B Payments

HQ

Not disclosed

Structure

strategic partnership agreement

Source published

November 27, 2023

Publisher

PRNewswire via TMCnet

Source: tmcnet.com