London, 24 September 2025

TransferGo, the global fintech empowering a world on the move and serving over 9 million users sending across 160+ countries, has expanded its partnership with tell.money. The collaboration now includes both open banking API compliance and the implementation of the EU Verification of Payee (VoP), a process that helps confirm whether the name entered by a payer matches the account details provided, reducing fraud and misdirected payments. This builds on TransferGo’s earlier adoption of the UK Confirmation of Payee (CoP).

The decision to extend services through a single provider reflects TransferGo’s commitment to seamless scalability, security, and simplified compliance as it grows its footprint across the UK and EU ultimately ensuring greater accuracy and trust in transactions.

Simon Moran, Chief Commercial Officer at TransferGo, commented:

“At transferGo, we’re scaling a global remittance service that puts speed, trust, and user experience first. Partnering with tell.money across CoP, VoP, and open banking compliance lets us keep that promise, without operational complexity. Everything we need is managed in one place, which is hugely powerful as we grow, allowing us to focus entirely on creating a seamless customer experience.”

David Monty, CEO at tell.money, added:
“Fintechs like TransferGo shouldn’t have to juggle three different providers just to meet their regulatory obligations. That’s why we’ve built one connected platform that delivers everything from Confirmation of Payee to VoP and open banking access. This means no switching, no silos, no delays.”

Both companies share a commitment to removing barriers to financial access and building lasting trust with the people who rely on them. This partnership lays the foundation for a more inclusive, secure, and connected financial ecosystem.

This expansion ensures that TransferGo can continue delivering fast, secure money movement across borders, while reducing the resource burden on internal teams. As regulation evolves and fraud risks grow more complex, having a connected platform that scales with your business is more than a convenience; it’s a strategic advantage.

About TransferGo

TransferGo is a global fintech company creating a fairer world for millions of individuals and businesses by offering simpler and seamless financial services. Celebrating over thirteen years of innovation, TransferGo continues to break down financial barriers, supporting over 9 million customers sending across 160 countries. With a strong focus on financial inclusion, TransferGo’s mission is to make the world fairer by providing people and businesses with more ways to make the most of their hard-earned money. Headquartered in London and Vilnius, TransferGo employs more than 400 people across Europe.

About tell.money

tell. is a fintech company delivering trusted access infrastructure for payments and financial data. We help banks, fintechs, and service providers meet their open banking obligations, verify payees, manage consent, and monitor service performance, all through a single modular platform. 

Designed for clarity, speed, and trust, the tell. product includes capabilities for account access, Confirmation and Verification of Payee, consent management, and service assurance. We don’t compete with our clients. We don’t own the end-user. We provide neutral infrastructure that enables organisations to deliver secure, compliant, and future-ready services, without the complexity. 

Our mission is to make financial technology transparent, trusted, and truly open.