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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At Paysend, every transfer tells a story - a story of love, support and connection that crosses borders and brings people closer together. Today, we’re thrilled to share an extraordinary milestone with you: 10 million customers worldwide.
This achievement isn’t just about numbers; it’s about the trust and loyalty you’ve shown us over the past 7 years. Together, we’ve created 10 million stories that transcend borders, helping families, friends and communities stay connected.
Paysend, a UK-based FinTech company, and Currencycloud have announced a substantial expansion of their long standing partnership, indicating Paysend's intention to extend its services globally.
Under this agreement, Currencycloud will enhance Paysend's skills in foreign exchange (FX) and financial operations, establishing Paysend as a major player in global money transfers across the US, EMEA, and Asia-Pacific regions.