QNB Partners with TransferMate to Expand Global Multi-Currency Collection Capabilities for Enterprises
QNB Group has entered into a strategic partnership with TransferMate to expand global multi-currency collection capabilities for enterprises. The collaboration will integrate TransferMate's embedded B2B payment technology to provide corporate clients with more efficient cross-border collection services, marking TransferMate's first banking partnership in the Middle East.
Doha, Qatar, October 30, 2025 — QNB Group, the largest financial institution in the Middle East and Africa, announced a strategic partnership with TransferMate, a global leader in embedded B2B payment infrastructure, to expand solutions for its global clients in accounts receivable and local accounts.
This partnership enables QNB to integrate TransferMate's award-winning technology directly into its platform, providing corporate clients with broader international multi-currency collection and local account capabilities. Through this collaboration, QNB clients will be able to invoice and receive cross-border payments in multiple currencies, reducing transaction times and costs, improving cash flow management, and enhancing transparency and reconciliation efficiency.
QNB is always committed to providing clients with innovative solutions to support their business needs. This platform enables clients to seamlessly receive international payments in multiple currencies, representing a transformative initiative for clients.
This is TransferMate's first banking partnership in the Middle East, leveraging the fintech company's strategic alliances with major financial institutions and globally renowned brands. This collaboration marks a significant milestone in QNB's digital transformation journey, further solidifying its position as an industry leader in providing future-ready banking services.
About QNB Group
QNB Group is one of the leading financial institutions in the Middle East and Africa and one of the most valuable bank brands in the regional market. The Group operates across more than 28 countries in Asia, Europe, and Africa, offering tailored products and services supported by innovation, with over 31,000 professionals dedicated to driving excellence in banking worldwide.
About TransferMate
TransferMate is a leading provider of embedded B2B payment technology, helping companies, software vendors, and financial institutions streamline their global accounts receivable, payment, and local account needs. TransferMate has the largest network of e-money/payment licenses of any fintech company, regulated in 92 jurisdictions and holding 99 licenses.
