Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border payments for small- to medium-sized businesses (SMBs) through its Open Payments Network (OPN). “This significant investment is a testament to...
Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services. This collaboration aims to provide seamless and efficient cross-border money transfer capabilities to customers using Western Union’s digital platform, the...
In the quest to make end-to-end money movement faster, secure and frictionless across borders, Ruben Salazar, Global Head of Visa Direct and Abdul Abdulkerimov, Paysend chairman and co-founder, say simplicity is key. That shared goal is a key part of the reason why Visa and Paysend are strengthening their...
U.K.-based FinTech Paysend and Mastercard have expanded their longstanding partnership to enhance cross-border payments for small and medium-sized businesses (SMBs). This partnership aims to address the challenges faced by SMBs in sending and receiving money or paying vendors across the globe quickly and securely, the companies said in a...
September 14, 2023
In the quest to make end-to-end money movement faster, secure and frictionless across borders, Ruben Salazar, Global Head of Visa Direct and Abdul Abdulkerimov, Paysend chairman and co-founder, say simplicity is key. That shared goal is a key part of the reason why Visa and Paysend are strengthening their strategic collaboration to enable Paysend’s customers globally to send money in […]
April 25, 2022
“Why should it take longer to send money anywhere than sending a WhatsApp message or text message?” It’s a question that Ronnie Millar, co-founder and CEO at U.K.-based FinTech firm...
October 07, 2024
Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way to receive remittances, even if the recipient is underbanked or unbanked, the companies said in a Friday (Oct. 4) press release. The solution is powered by Mastercard’s acceptance network and […]
November 29, 2023
Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border payments for small- to medium-sized...
October 30, 2023
Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services. This collaboration aims to provide...
September 12, 2023
U.K.-based FinTech Paysend and Mastercard have expanded their longstanding partnership to enhance cross-border payments for small and medium-sized businesses (SMBs). This partnership aims to address the challenges faced by SMBs in sending and receiving...
