The embedded B2B payments infrastructure TransferMate has announced a strategic partnership with Cadana, a global workforce payments and compliance infrastructure provider, Finextra reports.
The partnership significantly expands TransferMate's global payroll offering. It will enable payroll providers to automate salary disbursements and statutory tax remittances across 70+ countries through a single API integration.
TransferMate reportedly operates the largest regulated fintech payments infrastructure in the world, owning 100 licences and serving customers across 200+ countries and territories. It can now extend that reach into end-to-end statutory compliance, addressing one of the most operationally demanding gaps in the global payroll stack.
Through the integration of Cadana's statutory filing and remittance infrastructure, which covers 40+ countries with deep expertise across Latin America, Africa, and Asia-Pacific, directly into its platform, TransferMate can deliver payroll providers a comprehensive solution spanning both salary disbursement and statutory compliance within a single, fully integrated ecosystem.
According to Transfermate, the partnership will bring particular value in markets where statutory compliance and payroll infrastructure have historically been the most challenging, including across Africa, Southeast Asia, and Latin America. Cadana's established in-country statutory network, built on locally licensed partners and direct integrations with local infrastructure, reportedly offers TransferMate's clients immediate, compliant reach into markets that would otherwise require significant local investment to serve.
"Payroll is no longer just about moving salaries - it's about delivering certainty in increasingly complex regulatory environments," Gary Conroy - CEO at TransferMate - said. "By integrating statutory remittance capabilities directly into our infrastructure, we're helping payroll providers remove friction from one of the most operationally demanding parts of global expansion. Partnering with Cadana is an important step in making global payroll payments and compliance feel local, simple, and seamless."
"Too many payroll providers are forced to stitch together multiple partners to manage payments and statutory obligations across borders, and that complexity compounds as they expand,” Albert Owusu-Asare - CEO at Cadana - said. "Together with TransferMate, we're replacing that model with something fundamentally better: a single, resilient foundation that combines deep local statutory expertise with global payments reach. Providers get the infrastructure they need to scale internationally without the operational overhead."
Source: Finextra
(Quotes via original reporting)
The embedded B2B payments infrastructure TransferMate has announced a strategic partnership with Cadana, a global workforce payments and compliance infrastructure provider, Finextra reports.
The partnership significantly expands TransferMate's global payroll offering. It will enable payroll providers to automate salary disbursements and statutory tax remittances across 70+ countries through a single API integration.
TransferMate reportedly operates the largest regulated fintech payments infrastructure in the world, owning 100 licences and serving customers across 200+ countries and territories. It can now extend that reach into end-to-end statutory compliance, addressing one of the most operationally demanding gaps in the global payroll stack.
Through the integration of Cadana's statutory filing and remittance infrastructure, which covers 40+ countries with deep expertise across Latin America, Africa, and Asia-Pacific, directly into its platform, TransferMate can deliver payroll providers a comprehensive solution spanning both salary disbursement and statutory compliance within a single, fully integrated ecosystem.
According to Transfermate, the partnership will bring particular value in markets where statutory compliance and payroll infrastructure have historically been the most challenging, including across Africa, Southeast Asia, and Latin America. Cadana's established in-country statutory network, built on locally licensed partners and direct integrations with local infrastructure, reportedly offers TransferMate's clients immediate, compliant reach into markets that would otherwise require significant local investment to serve.
"Payroll is no longer just about moving salaries - it's about delivering certainty in increasingly complex regulatory environments," Gary Conroy - CEO at TransferMate - said. "By integrating statutory remittance capabilities directly into our infrastructure, we're helping payroll providers remove friction from one of the most operationally demanding parts of global expansion. Partnering with Cadana is an important step in making global payroll payments and compliance feel local, simple, and seamless."
"Too many payroll providers are forced to stitch together multiple partners to manage payments and statutory obligations across borders, and that complexity compounds as they expand,” Albert Owusu-Asare - CEO at Cadana - said. "Together with TransferMate, we're replacing that model with something fundamentally better: a single, resilient foundation that combines deep local statutory expertise with global payments reach. Providers get the infrastructure they need to scale internationally without the operational overhead."
Source: Finextra
(Quotes via original reporting)