26 May 2021
Paysend wants to thank our new and existing customers all over the world as we announce the acquiring of $125 Million in funding!
Paysend was born in April of 2017, with the vision of helping revolutionize the way in which people all over the world manage their everyday finances.
Built by a team of experts within the world of finance who had become increasingly frustrated by the time and complexity that was involved when operating in traditional banking systems.
We were the first Fintech to introduce global card to card transfers and connect 12 billion cards globally across Mastercard, Visa, China UnionPay and local card schemes. With a wide network of partners, we recently signed with Alipay to expand their reach in China as well as launch services in the US.
Our team want to take this opportunity to thank all of our new and existing customers for the loyalty and support that they have shown over these past 4 years. It is because of this incredible response that we have been able to grow so rapidly, delivering fantastic global money solutions to customers all over the world.
As a result of this exponential growth, we are now happy to announce that Paysend has officially acquired $125 Million in a Series B funding round led by One Peak, in participation with Infravia Growth Capital, Hermes GPE Innovation Fund, and existing investors including Plug and Play.
This will be working towards expanding our horizons globally, growing our team and most importantly developing new technology, strategy and products that ensure our customers benefit from a succinct, secure and reliable money transfer model.
A huge thank you to our global network of banks, international and local payments systems and our partnerships with Visa, Mastercard, Alipay and China UnionPay for their collaboration.
Paysend is proud to say that we operate in over 90 countries worldwide and as of 2021 provide expert and reliable service to over 3.7 million customers and 17,000 businesses, all of whom put their trust in us to provide them with over 40 fast and hassle-free payment solutions.
We truly believe we have barely scratched the surface of our enormous potential and look forward now to expanding even further, developing our exceptional digital payment platform by promising an unwavering focus on our customers’ needs.
Visit the Paysend app or website now to move money internationally!