TransferMate Global Payments announced today that it has become the Official Foreign Exchange Specialist of the Laver Cup international tennis tournament. This means that the firm will exclusively provide all forex-related services for the tournament.
For those of you who aren’t aware, the Laver Cup is an indoor tournament that pits Team Europe against Team World. As can be expected, Team Europe is made up of European tennis players and Team World is composed of players outside of Europe. It is named after the Australian tennis legend Rod Laver, who is the only man to win two calendar-year Grand Slams.
Laver Cup to be hosted in Chicago
This year the men’s tournament will be hosted in Chicago on September 21 – 23. The second edition of the tournament will feature some of the world’s best tennis players, including Roger Federer, Novak Djokovic, Juan Martin del Potro and Kevin Anderson.
TransferMate is a global B2B payments technology provider. Its solutions enable companies to send and receive cross-border payments quickly and cost-effectively.
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Commenting on the partnership, TransferMate co-founder and Group CFO, Sinead Fitzmaurice, said: “TransferMate is thrilled to announce its partnership with Laver Cup. We are excited they have chosen us to process their foreign currency payments and collections, not only in the US but globally.
This partnership is the perfect fit for our global expansion. I am confident that TransferMate’s secure end-to-end international payment solution, utilizing our global banking network, will be of huge benefit to Laver Cup and I wish them every success.’’
Managing Director of the tournament, Steve Zacks, added: “Every year we not only bring together the world’s best players from across Europe and the rest of the world, we also stage the event in a different country and city.
We were in Prague in 2017, are in Chicago this year, and will be in Geneva, Switzerland in 2019. TransferMate will help us in our day-to-day business operations. It’s great to partner with an organization that like us, is able to work seamlessly across many continents and time zones. We look forward to a great relationship.”