TransferMate and Haas F1 Team announce a partnership agreement


Haas F1 Team is pleased to announce a worldwide partnership with TransferMate Global Payments – the world’s leading provider of B2B payments infrastructure-as-a-service.

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As an official Team Partner, TransferMate will provide cross-border payments services through its unrivalled global payments infrastructure, while the TransferMate logo will be featured on the Haas F1 Team’s VF-22 car and the apparel of drivers Kevin Magnussen and Mick Schumacher throughout the 2022 FIA Formula 1 World Championship.

Over the past decade, TransferMate has meticulously built the world’s most comprehensive and advanced payments network that allows businesses and individuals to make cross-border payments as easily as if making a domestic funds transfer.

Operating with multiple currencies, TransferMate works faster and more securely than traditional banking methods and with complete transparency of the transaction through to the point of final reconciliation. This delivers new levels of confidence, eliminates unnecessary financial risk, and drives significant cost-efficiency benefits.

Guenther Steiner, Team Principal of Haas F1 Team, stated:

We’re delighted to welcome TransferMate and we look forward to a productive working partnership in 2022 and beyond. It’s clear that as a brand they pride themselves on the delivery of the very best product.

We share that ethos and ultimately, we’re both in sectors where innovation is rewarded and actions need to be executed with confidence and precision. Efficiency is key to everything we do in Formula 1 and working with TransferMate adds another deliverable to our operations.

Sinead Fitzmaurice, CEO of TransferMate Global Payments – a subsidiary of the CluneTech Group, commented:

We’re delighted to become an official team partner of the Haas F1 Team. The partnership brings together two like-minded organizations, each with a strong commitment to challenging norms through innovation.

We’re looking forward to seeing our partnership group throughout the 2022 Formula 1 season. It promises to be a very exciting year for both ourselves and the Haas team. It’s only fitting that we’re joining forces on the road ahead and setting new standards of excellence for the future.

About TransferMate:

TransferMate is a subsidiary of the CluneTech Group founded by Terry Clune — is the world’s leading provider of B2B payments infrastructure as a service, enabling companies to send and receive cross-border payments faster, easier and at a lower cost. The company, under the leadership of Clune and CEO Sinead Fitzmaurice, has built one of the largest portfolios of payments licenses worldwide, including 51 US states and territories, to support trading in more than 160 countries and 134 currencies. Leading banks, fintech and software providers partner with TransferMate to offer an enhanced user experience for their business customers. The company has created bespoke integrations for banks like ING and AIB, who are also investors in the company. The TransferMate API solution allows partners to digitalize the payment flow within their software, enabling all businesses to achieve significant time and financial savings.

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