PaySend

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, GBMap
Websitepaysend.com

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2021)151(+5%)
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
Gary Kearns

Gary Kearns

President & CEO · Growth Analytics LLC
Pakhchanian Armen

Pakhchanian Armen

CTO
Maxim Popov

Maxim Popov

CoFounder
Brad Koenig

Brad Koenig

Co-CEO · Apex Technology Acquisition Corp
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PaySend Office Locations

PaySend has offices in London, Calgary and Moskva
London, GB (HQ)
20 Garrick St
Calgary, CA
400 12 Ave SW
Moskva, RU
Stremyannyy Pereulok, 26, 3rd floor
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PaySend Financials and Metrics

Summary Metrics

Founding Date

2015

PaySend total Funding

$160.8 m

PaySend latest funding size

$125 m

Time since last funding

4 months ago

PaySend investors

Plug and Play, GVA capital, MARCorp Financial, Digital Space Ventures, One Peak, Infravia Growth Capital, Hermes GPE Innovation Fund
PaySend's latest funding round in May 2021 was reported to be $125 m. In total, PaySend has raised $160.8 m
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PaySend Revenue

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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%)
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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
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GBPFY, 2014

Financial Leverage

2.2 x
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PaySend Operating Metrics

May, 2021

Active Cards

12 b

Businesses Served

17 k

Consumers

3.7 m

Payment Methods Supported

40
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PaySend Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
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PaySend Online and Social Media Presence

PaySend's Trends

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PaySend News and Updates

June 18, 2021

Paysend rolls out Version 4.0 of money transfer app

Global FinTech Paysend today announces the global rollout of its new Paysend 4.0 app, combining the firm’s international transfers, multicurrency accounts and cross-border payments in a simple, top performing, all-in-one digital APP.
May 26, 2021

Paysend raises $125m Series B round as it eyes global expansion

Global payments platform Paysend has secured a $125m Series B round to help further fund its global expansion plans.  Paysend, The post Paysend raises $125m Series B round as it eyes further global expansion appeared first on CityAM.
May 26, 2021

Paysend aims for global growth on $125 million funding round

UK card-to-card payments platform Paysend has secured $125 million in Series B funding to grow its global footprint.
May 26, 2021

UK’s Paysend raises $125M at a $700M+ valuation to expand its all-in-one payments platform

With more people than ever before going online to pay for things and pay each other, startups that are building the infrastructure that enables these actions continue to get a lot of attention. In the latest development, Paysend, a fintech that has built a mobile-based payments platform — which curr…
May 13, 2021

Paysend to expand in Apac; opens Singapore regional HQ

Paysend, the UK based global Fintech has the vision to develop the next generation of integrated global payment ecosystem to save time, save money and serve millions all around the globe.
May 05, 2021

Paysend enables US consumers to send money to Canada

Since launching its United States operations in September 2020, today global end-to-end payments provider Paysend announced that U.S. consumers can now electronically send money to friends and family in Canada.
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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 Gary Kearns.

  • How many employees does PaySend have?

    PaySend has 151 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 £2.9 k.

  • Who are PaySend competitors?

    Competitors of PaySend include Lightnet, Bitspark and albo.

  • Where is PaySend headquarters?

    PaySend headquarters is located at 20 Garrick St, London.

  • Where are PaySend offices?

    PaySend has offices in London, Calgary and Moskva.

  • How many offices does PaySend have?

    PaySend has 3 offices.