# PaySend

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paysend

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.paysend.com/
- Total disclosed funding: $130M
- Latest round: Series B (May 26, 2021)
- Investors on record: 7

## About

Founded in 2017, based in London, UK, founded by Abdul Abdulkerimov and Ronnie Millar. PaySend PLC operates as a developer of a mobile application that enables its users to send and request money to any bank accounts. The company serves millions of consumers and thousands of SMEs globally.it has active operations in 60 countries worldwide and has a network of over 110 receiving countries. In March 2026, PaySend PLC raised USD 25 million in growth capital funding from Claret Capital Partners to support continued international expansion and the scaling of its global cross-border payments infrastructure. Paysend is a next-generation integrated global payment ecosystem that enables consumers and businesses to pay and send money online anywhere. The platform currently supports connections between 12 billion cards globally across Mastercard, Visa, China UnionPay, and local card schemes in multiple countries across the globe. Paysend has also launched a number of products like Paysend Global Transfers, Paysend Global Account, Paysend Link, and Paysend Business, all designed to connect customers and businesses around the world. PaySend PLC plans to use the funding raised in growth capital funding to support the expansion of its platform and products.

## Funding rounds

- Series B, May 26, 2021, $125M — InfraVia Capital Partners, Plug and Play, One Peak, Federated Hermes
- Series B, Jun 6, 2019, $5.3M — Plug and Play, Seedrs Limited, Digital Space Ventures, MARCorp Financial
- Seed, Jan 1, 2016 — Digital Space Ventures

## Investors

- Digital Space Ventures (https://capitalatlas.ai/funds/digital-space-ventures) — Seed, Series B
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series B
- Seedrs Limited — Series B
- MARCorp Financial — Series B
- InfraVia Capital Partners (https://capitalatlas.ai/funds/infravia-capital-partners) — Series B
- One Peak (https://capitalatlas.ai/funds/one-peak) — Series B
- Federated Hermes (https://capitalatlas.ai/funds/federated-hermes) — Series B