For the second year running, Paysend secures its place on the FT1000 List, acknowledging remarkable growth and resilience
Paysend, a leading platform for cross-border money transfers, is excited to announce its inclusion in the prestigious FT1000 List for the second year in a row.
The FT1000 is an annual ranking that identifies Europe's fastest-growing companies based on their revenue growth rate over a specific period. Earning a place on this esteemed list underscores Paysend's impressive growth trajectory and resilience in the fiercely competitive financial industry, affirming its status as one of Europe's top success stories.
Paysend's rapid expansion is fueled by strategic collaborations, cutting-edge technology, and initiatives for market expansion. A significant $65 million investment and partnership with Mastercard have strengthened cross-border payments for SMEs through its Open Payments Network (OPN). Additionally, strategic alliances with TelevisaUnivision and Western Union have elevated Paysend's presence in Hispanic American households and facilitated global digital payments.
With a compound annual growth rate (CAGR) among Europe's fastest-growing enterprises, Paysend's accomplishments are attributed to its visionary strategy, customer-focused approach, advanced technology, and commitment to enhancing the money transfer experience.
The FT1000 acknowledgment underscores Paysend's remarkable growth and broad appeal, with a satisfied user base exceeding 8.5 million. Recognized for its user-friendly interface, competitive rates, and convenience, Paysend's mobile app, available on major platforms, ensures seamless money transfers and transparent tracking.
About Paysend
Paysend emerges as a trailblazing innovator in the realm of global financial transactions, presenting an avant-garde platform that empowers individuals and businesses alike to effortlessly send money worldwide, regardless of currency or method. Originating in April 2017, Paysend has its roots in the UK but has rapidly expanded its influence across the globe, dedicated to revolutionizing the landscape of international money transfers. Since its inception, Paysend has remained steadfast in its mission to streamline the process of financial transactions on a global scale.
Paysend's platform fosters seamless interoperability across various networks worldwide, encompassing major players such as Mastercard, Visa, China UnionPay, and a diverse array of local payment schemes. With a diverse array of over 40 payment methods tailored to suit the needs of online SMEs, Paysend ensures accessibility and adaptability for businesses of all calibers.
For further information, visit: https://paysend.com/
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Paysend, the global fintech innovator, proudly marks its 8th anniversary celebrating nearly a decade of bold innovation, strategic partnerships, and customer-driven growth.
Founded in the UK in 2017, Paysend has evolved from a cross-border money transfer startup into a leading global fintech company with a clear mission: to simplify money transfer for all by building the world’s largest open, instant digital payments network. Today, Paysend generates over $100 million in annual revenue and serves over 11 million consumers alongside a growing base of enterprise clients—including global leaders in the money movement and high-growth platforms payroll space.
We’ve been working on a new way for businesses to receive and move funds between their corporate accounts globally and in real-time. We know that moving funds cross-border between corporate accounts can take days to settle and can be expensive which leads to your funds being trapped in pre-funding accounts or cross-border payment processing cycles.