Global Paytech Ventures (GPT) Invests in Paysend's Unique Cross-Border Payment Solution for its Enormous Scale
Summary
Paysend is a next generation integrated global payment ecosystem that enables consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Created in April 2017 with the clear mission to change how money is moved around the world, Paysend currently supports a 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 135 countries worldwide and has attracted more than five million consumers to its platform. • Earlier this year, Paysend had a successful Series B funding round that raised at a valuation of $700+ million. • With a growth rate of 14,498%, Paysend has been ranked the third fastest growing technology company in the UK by Deloitte.