Paysend partners with Damane Cash to enable transfers to Morocco
LONDON – 28 JULY, 2022 – Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to enable money transfers to bank accounts in Morocco.
With features such as low fixed fees, upfront exchange rates, faster transfer speeds and the ability to make instant, digital end-to-end international payments, this partnership will enable Paysend to transform how communities in Morocco manage money online globally.
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Joining Paysend Enterprise at this stage of its journey is both exciting and meaningful.
The business has already established a strong position in enabling cross-border payments for a wide range of partners, from payment service providers to platforms and financial institutions. What stands out most, however, is not just the scale of opportunity, but the clear commitment to building long-term, value-driven partnerships.
Q1 didn’t tiptoe in – it sprinted. We began 2026 with outstanding momentum, achieving over 100% year-over-year growth in Q1 - doubling our performance compared to the same period last year. In addition, our client base increased by over 150% year-over-year, reflecting accelerating demand for Paysend’s solutions and continued success in scaling our partnerships globally.
