OverviewSuggest Edit

PaySend is a company that develops online money transfer and payments platform. Its platform allows users to send funds from card to card. It also offers money transfers to a bank account, payment solutions, and payment processing.

TypePrivate
Founded2015
HQLondon, GB
Websitepaysend.com

Latest Updates

Employees (est.) (Feb 2021)94(+17%)
Revenue (FY, 2018)£443.7 K(+136%)
Cybersecurity ratingBMore

Key People/Management at PaySend

Ronnie Millar

Ronnie Millar

CEO & Paysend Co-Founder
Abdul Abdulkerimov

Abdul Abdulkerimov

Founder & Chairman
Pakhchanian Armen

Pakhchanian Armen

CTO
Maxim Popov

Maxim Popov

CoFounder
Alberto Macciani

Alberto Macciani

CMO
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PaySend Office Locations

PaySend has offices in London, Kirkcaldy, Calgary and Moskva
London, GB (HQ)
20 Garrick St, Charing Cross
Kirkcaldy, GB
John Smith Business Park, Cluny Court
Calgary, CA
400 12 Ave SW
Moskva, RU
Stremyannyy Pereulok, 26, 3rd floor
Show all (4)

PaySend Financials and Metrics

Summary Metrics

Founding Date

2015

PaySend total Funding

$35.8 m

PaySend latest funding size

$10.52 m

Time since last funding

2 years ago

PaySend investors

PaySend's latest funding round in July 2019 was reported to be $10.5 m. In total, PaySend has raised $35.8 m
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PaySend Revenue

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View revenue for all periods
PaySend's revenue was reported to be £443.65 k in FY, 2018
GBP

Revenue (FY, 2018)

443.7k

Gross profit (FY, 2018)

(362.1k)

Gross profit margin (FY, 2018), %

(81.6%)

Net income (FY, 2018)

(740.5k)

EBIT (FY, 2018)

(740.7k)

Cash (31-Dec-2018)

3.4m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

851.1k567.7k259.8k188.4k443.7k

Cost of goods sold

305.0k244.2k142.3k111.5k805.8k

Gross profit

546.1k323.5k117.5k76.9k(362.1k)

Gross profit Margin, %

64%57%45%41%(82%)
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.3m1.1m773.1k741.8k3.4m

Accounts Receivable

8.4k1.8k

Inventories

4.7k

Current Assets

1.6m1.4m1.1m1.0m4.3m
GBPFY, 2014

Financial Leverage

2.2 x
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PaySend Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

PaySend Online and Social Media Presence

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PaySend News and Updates

Paysend expands into US market

UK-based Paysend, today announced that its globally-recognized money transfer service is now available for American consumers, providing an affordable, accessible alternative solution for cross-border

Paysend enters technology partnership with Alipay for global remittances

Paysend, the global Fintech corporation based in UK, announces a technology collaboration with Alipay to provide Paysend's users with cross-border money transfer that brings more conven-ient and inc

Paysend introduce international mobiloe money account

UK-based fintech Paysend has launched the Global Account, its international mobile money account.

Paysend extends money transfer service to Turkey

Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfe...

Paysend secures money services business license in Canada

Paysend, the UK-based fintech business, has secured a licence to operate in Canada, expanding its wo...

Paysend debuts business account

Paysend, the Edinburgh-based fintech, launches Paysend Connect, a business account in collaboration...
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PaySend Frequently Asked Questions

  • When was PaySend founded?

    PaySend was founded in 2015.

  • Who are PaySend key executives?

    PaySend's key executives are Ronnie Millar, Abdul Abdulkerimov and Pakhchanian Armen.

  • How many employees does PaySend have?

    PaySend has 94 employees.

  • What is PaySend revenue?

    Latest PaySend annual revenue is £443.7 k.

  • What is PaySend revenue per employee?

    Latest PaySend revenue per employee is £4.7 k.

  • Who are PaySend competitors?

    Competitors of PaySend include albo, Wave and Bitspark.

  • Where is PaySend headquarters?

    PaySend headquarters is located at 20 Garrick St, Charing Cross, London.

  • Where are PaySend offices?

    PaySend has offices in London, Kirkcaldy, Calgary and Moskva.

  • How many offices does PaySend have?

    PaySend has 4 offices.