PAYSEND

Paysend is a payment infrastructure specialising in cross-border transfers (regulated by the FCA).

Acquisition

May 2021

Founders

Abdul Abdulkerimov
Ronnie Millar

Sector

FinTech / International Money Transfer

Country

UK

Fund

Growth I

Founded in 2017 by two “serial” entrepreneurs, Paysend was one of the first FinTechs to introduce “card-to-card” cross-border payment technology linking international systems. It allows users to receive, hold, convert and send money internationally. Paysend offers instant processing, secure transfers and reduced management costs thanks to its proprietary technology and presence throughout the payment industry value chain.

Paysend provides, in 2020, more than 40 payment methods to more than 17,000 SMEs and online merchants and to more than 4 million customers by managing more than 12 billion cards worldwide.

Visit website

paysend.com

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