TransferMate Adds New Hires amid U.S. Regulatory OK
TransferMate, a global B2B payments platform, announced the expansion of its senior management team following its achievement of full U.S. regulatory approval.
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, according to an announcement.
To capitalize on this “significant market opportunity,” TransferMate has appointed Gary Conroy, former managing director of Realex Payments, as chief commercial officer. The company also named Rafael de la Vega, former director of global partnerships at Intuit in Silicon Valley, as TransferMate’s new North American board adviser.
Conroy comes to TransferMate with more than 20 years of experience across technology and financial services companies such as Goldman Sachs, Misys Financial Software Systems and Axway. Most recently, he served as managing director of Realex Payments, following the company’s acquisition by Global Payments in March 2015.
Rafael De la Vega’s has held such positions as vice president of global commercial solutions with Visa payments, and interim general manager for Intuit.