AIB backs TransferMate

TransferMate, a B2B payments provider, has raised 30 million euros in funding. The investor was Allied Irish Banks. As a result of the transaction, AIB now has a "small" minority equity ownership stake in TransferMate. Perella Weinberg Partners LP served as the exclusive strategic and financial adviser to TransferMate on the transaction while EY was financial and tax due diligence adviser to AIB.

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