What is Paysend?
Paysend operates an online platform and mobile application designed to facilitate fast, secure, and low-cost international money transfers. By integrating with global card networks and local payment systems, the company enables direct transfers to bank accounts, cards, and digital wallets worldwide. Its core mission is to reduce friction in international finance and promote financial inclusion through a connected digital payments network, serving both individual remittance users and enterprise clients with tailored payment solutions.
How much funding has Paysend raised?
Paysend has raised a total of $235M across 4 funding rounds:
Series A
$20M
Series B
$125M
Other Financing Round
$65M
Other Financing Round
$25M
Series A (2018): $20M with participation from MARCorp Financial
Series B (2021): $125M led by Hermes GPE, InfraVia Capital Partners, One Peak Partners, and Plug and Play Tech Center
Other Financing Round (2023): $65M supported by One Peak Partners, Mastercard, and InfraVia Capital Partners
Other Financing Round (2026): $25M featuring Claret Capital Partners
Key Investors in Paysend
One Peak Partners
One Peak Partners is a growth equity firm focused on investing in technology companies in their scale-up phase, providing growth capital to transform businesses into category leaders.
Mastercard
Mastercard is a global technology company in the payments industry, connecting consumers, financial institutions, and businesses worldwide with a wide range of payment solutions and services.
InfraVia Capital Partners
InfraVia Capital Partners is a European private equity firm specializing in infrastructure, real estate, and technology investments, aiming to create long-term value through active asset management.
What's next for Paysend?
The substantial capital raised, particularly the recent major strategic investment, positions Paysend for accelerated expansion and innovation. This financing is expected to fuel further development of its payment infrastructure, enhance its global payout capabilities, and support strategic market entries. As a company operating in the rapidly evolving fintech sector, Paysend is poised to leverage this investment to solidify its competitive advantage and continue its mission of simplifying global financial transactions.
See full Paysend company page
