PAYSEND

Founded in 2017 by two serial entrepreneurs, Paysend Plc is an FCA-regulated e-money institution evolving in the booming digital remittance and payment industry.

Acquisition

May 2021

Founders

Abdul Abdulkerimov
Ronnie Millar

Sector

FinTech / International Money Transfer

Country

UK

Fund

Growth I

Paysend was one of the first FinTech companies to introduce a global card-to-card cross-border transfer technology to connect cards issued by international payment systems. It allows users to receive, hold, convert and send money internationally. Paysend offers an instant processing, secured transfer methods and reduce fee costs thanks to its proprietary technology present across the payment value chain.

Paysend provides over 40 payment methods for 17,000 online SMEs and Merchants and 4m customers by managing 12 billion cards globally in 2020.

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