Upon Britain’s exit from the EU, the Irish company, which is owned by Terry Clune and Sinéad Fitzmaurice of the TaxBack Group, will become the only EU Payment Institution regulated throughout the EU and in every U.S. state.

To capitalise on this significant market opportunity, TransferMate has made the following appointments:

- Gary Conroy, former MD of Realex Payments joins TransferMate as Chief Commercial Officer
- Rafael de la Vega, former Director of Global Partnerships at Intuit in Silicon Valley will becomes TransferMate’s new North American Board advisor

Gary Conroy comes to TransferMate with over twenty years’ experience across technology and financial services companies such as Goldman Sachs, Misys Financial Software Systems and Axway. Most recently, Gary served as Managing Director of Realex Payments following the company's acquisition by Global Payments in March 2015 for 115m EUR in one of the largest deals in European FinTech. Subsequent to the transaction, Gary led the growth of the platform transaction volume, processing in excess of 1 million transactions per day.

Rafael De la Vega’s illustrious career has seen him hold such positions as Vice President of Global Commercial solutions with Visa Payments, and Interim GM for Intuit, a Fortune 500 company.

Speaking on the appointments, Sinéad Fitzmaurice, Co-Founder of TransferMate and Chief Financial Officer stated: “I am pleased and excited to welcome Gary and Rafael to the TransferMate team. Between them, they have unrivalled knowledge and a wealth of experience in payments industry. With their help we look forward to achieving and capitalising on our post-Brexit dominance of the B2B cross-border payments market and to scaling the business to achieve its full global potential, offering our customers the smartest, most efficient solutions for their businesses.”