Draft:Paysend
 | Review waiting, please be patient.
This may take 5 weeks or more, since drafts are reviewed in no specific order. There are 2,585 pending submissions waiting for review.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
Reviewer tools
|
Submission declined on 19 February 2026 by OrangeWaylon (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
This draft has been resubmitted and is currently awaiting re-review. |  |
Paysend is a technology company, building and operating global payments infrastructure. Founded in 2017, the company is headquartered in London, United Kingdom. [1] Paysend Group Limited has its registered office in Edinburgh, Scotland. The company operates a payments platform providing international money transfers and payment services for consumers and businesses.[1][2]
PaySend PLC is authorised by the Financial Conduct Authority as an electronic money institution.[3][4]Paysend EU Designated Activity Company is authorised as an electronic money institution by the Central Bank of Ireland.[5]
History
[edit]Paysend was founded by Abdul Abdulkerimov and Ronald Millar.[2][6] Millar had previously founded Paywizard, a company specialising in subscriber-management services for pay television businesses.[1]
Paysend Group Limited was incorporated in Edinburgh on 4 April 2017.[7]
In 2019, Paysend raised £8.6 million through a crowdfunding campaign, double its initial target of £4.3 million. The campaign formed part of a larger investment round led by Plug and Play and Digital Space Ventures.[8]
In May 2021, Paysend raised $125 million in a Series B funding round led by One Peak, with participation from Infravia Growth Capital, Hermes GPE and existing investor Plug and Play.[1]
TechCrunch estimated the company’s valuation at around $720 million, a figure Paysend did not disclose.[1]
Paysend opened a European technology centre in Belgrade, Serbia, in May 2022.[6]
Paysend EU Designated Activity Company received authorisation as an electronic money institution from the Central Bank of Ireland on 20 December 2022.[5] In April 2023, Paysend announced plans to open an office in Dublin and said it was recruiting a team of up to 30 people in Ireland.[9]
In November 2023, Paysend announced a $65 million funding round that included a strategic investment from Mastercard. Existing investors Infravia Growth Capital, One Peak and Hermes GPE Innovation Fund also participated.[10]
In April 2026, Paysend secured a $25 million follow-on investment from Claret Capital Partners.[11][12] FinTech Futures reported that Claret had invested more than $45 million in Paysend since becoming an investor in 2020.[11]
Services
[edit]Paysend operates a platform providing international money transfers, account services and payments for consumers and businesses.[1][2] Its initial service focused on card-to-card international transfers, before the platform expanded to support additional methods of sending and receiving money.[2]
In 2020, Paysend introduced a consumer multicurrency account.[2] It expanded its services to business customers in 2022.[2]
According to TechCrunch, Paysend developed its own payment-processing and acquiring systems rather than relying entirely on third-party infrastructure.[1]
References
[edit]- 1 2 3 4 5 6 7 Lunden; Ingrid (26 May 2021). "UK's Paysend raises $125M at a $700M+ valuation to expand its all-in-one payments platform | TechCrunch". TechCrunch. Archived from the original on 2026-09-30.
- 1 2 3 4 5 6 Webber; Daniel; Ingham; Lucy (15 June 2023). "Paysend's next five-year plan: Inside the money transfer player's evolving strategy". FXC Intelligence. Archived from the original on 2023-09-24.
- ↑ "PAYSEND GROUP LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Paysend Group Limited (SC562529).
- ↑ "PaySend PLC - authorised EMI in United Kingdom (FRN 900004)". Licensed EMIs.
- 1 2 "Financial Service Provider Register Data". Central Bank of Ireland. Paysend EU Designated Activity Company (C443739). 23 September 2026.
- 1 2 Ristović, Ana (27 May 2022). "Paysend stigao u Beograd, vide ga kao novi tehnološki epicentar Evrope".
- ↑ "PAYSEND GROUP LIMITED overview - Find and update company information - GOV.UK". Companies House. Archived from the original on 2023-06-15.
- ↑ Burley, Hannah (3 September 2019). "Capital fintech Paysend hails one millionth user of money transfer service". The Scotsman.
- ↑ Curran, Ian (28 April 2023). "Scottish fintech Paysend to open Dublin office". The Irish Times.
- ↑ "Mastercard joins $65m funding round for Paysend". Finextra. 29 November 2023.
- 1 2 Bignell, Francis (7 April 2026). "Paysend lands $25m from Claret Capital Partners to accelerate international expansion". FinTech Futures.
- ↑ Chesnokova, Sofia (2 April 2026). "Claret Capital just wrote Paysend a $25M cheque to compete with Wise, Airwallex and Revolut". Tech Funding News.
- provide significant coverage: discuss the subject in detail, excluding routine coverage like product launches, staff appointments, or financial reports and listings in databases or listicles;
- are reliable: from reputable outlets with editorial oversight;
- are independent: not connected to the subject, such as press releases, the subject's own website, or sponsored content.
Please add references that meet all three of these criteria. If none exist, the subject is not yet suitable for Wikipedia.