April 21, 2022

Haas F1 Team and TransferMate Announce Global Partnership

TransferMate, a CluneTech company, announces global partnership with Haas F1 Team.

Read the official press release by Haas F1 Team and TransferMate.

Haas F1 Team and TransferMate Announce Global Partnership

KANNAPOLIS, North Carolina (April 20, 2022) - 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. 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.

"We're delighted to welcome TransferMate and we look forward to a productive working partnership in 2022 and beyond," stated Guenther Steiner, Team Principal of Haas F1 Team. "It's clear that as a brand TransferMate prides itself 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 CluneTech, commented; "We're delighted to become an official team partner of 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 grow 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 - a subsidiary of CluneTech 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 lower cost. TransferMate, under the leadership of Terry 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, fintechs 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 payments flow within their software, enabling all businesses to achieve significant time and financial savings.

Info - www.transfermate.com

About Haas F1 Team:

Haas F1 Team debuted in the FIA Formula 1 World Championship in 2016, becoming the first American Formula 1 team since 1986. Founded by industrialist Gene Haas, Haas F1 Team is based in the United States on the same Kannapolis, North Carolina, campus as his championship-winning NASCAR team, Stewart-Haas Racing. Haas is the founder of Haas Automation, the largest CNC machine tool builder in North America, and he is chairman of Haas F1 Team.

Info - www.haasf1team.com


Stuart Morrison - Head of Communications, Haas F1 Team, Email: smorrison@haasf1team.com / Tel: +44 7779 773466

Jessica Borrell - Communications Manager, Haas F1 Team, Email: jborrell@haasf1team.com / Tel: +44 7851 332967

For further information you can also contact Fiona MacCarthy, Head of Communications, CluneTech.


+353 86 8250027


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