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Paysend Raises $65 Million In Latest Funding Round, Including Strategic Investment From Mastercard

PRIVATENov 29, 2023•over 2 years ago

Amount Raised

$65 Million

LondonFinancial Services

Investors

Hermes Gpe Innovation FundOne PeakInfravia Growth CapitalPaysendMastercard

Description

Paysend, a global fintech leader in international money transfers, has successfully raised an impressive $65 million in its latest funding round.

Company Information

Company

Paysend

Location

London, England, United Kingdom

About

At Paysend, we're on a mission to deliver the World's Simplest Money Transfer. Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs. Paysend can send money to over 170 countries worldwide and has attracted more than six million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors. Paysend: Simple Money Transfer Download the Paysend app from the App Store or Google Play.

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