Tagged: paysend

Fintech Paysend Closes £8.5 Million Series B, £4.6 Million from Seedrs Investors

International money transfer Fintech Paysend has closed an £8.5 million Series B funding round. The securities offering was combination VC/crowdfunding offer as GVA invested £3.95 million while smaller investors contributed £4.26 million via the Seedrs crowdfunding platform. The additional capital will be used to fuel… Read More

Update: PaySend Set to Close Seedrs Campaign With More Than £8.55 Million in Funding

UK fintech Paysend is set to close its equity crowdfunding campaign on Seedrs with more than £8.55 million in funding. The campaign was launched last month and quickly secured its initial £4.26 million funding target. Paysend is offering 3.30% in equity at a £124,904,832 pre-money… Read More

Paysend launches XDR Stablecoin, Seedrs Crowdfunding Round Overfunding

Paysend, an FCA regulated payments platform, has officially launched its anticipated stablecoin. The Pays XDR stablecoin is backed by a basket of five fiat currencies including the US Dollar, Euro, Yen, Chinese Yuan and Pound Sterling. The stablecoin is using the Stellar blockchain and is… Read More

Update: Paysend Now Nearing £4.4 Million Through Seedrs Funding Round

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, UK fintech Paysend is now nearing £4.4 million in funding from more than 530 investors. The funding round originally sought to raise £4.2 million, which was secured in three days. Founded… Read More

Paysend Hits £4.2 Million Crowdfunding Goal on Seedrs in 3 Days, Plans Stablecoin Launch

Fintech Paysend has quickly topped its £4.2 million target for a crowdfunding round on Seedrs. Launched on June 6, Paysend benefited from a private offering for pre-registered customers. To date, 217 investors have participated in the round which remains open on Seedrs. The round was… Read More

Crowdfunding Now on Seedrs Raising £4.2 Million, Fintech Startup Paysend Expands into Six New Countries

Fintech startup Paysend has added six new countries to the list of jurisdictions where its network is available. Paysend is now available in more than 70 different countries. The news comes alongside a Series B crowdfunding round hosted on the Seedrs platform. Paysend is seeking… Read More

UK Fintech Paysend Announces Upcoming Seedrs Funding Round

PaySend, a UK-based global payments platform, announced on Thursday it is set to launch its equity crowdfunding campaign on Seedrs. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a mission to change how… Read More

FCA Licensed e-Money Institution Paysend Plans Stablecoin on Stellar

Paysend Group, an FCA licensed e-Money institution, is planning to issue a stablecoin in June. Paysend is using Stellar to provide the crypto that will allow its users to send instant global payments without the traditional cross-border fees. Paysend notes that Stellar was designed expressly… Read More

PaySend Announces Payment Services in Sri Lanka

PaySend, a UK-based global payments platform, announced earlier this week it was launching its services in Sri Lanka. Those who are interested in money transfers to Sri Lanka you can send funds from Europe, Great Britain, Russia, Canada, Australia, Mexico and other countries available on… Read More

Global Payments Platform Paysend Reaches 500,000 Customers & Introduces Money Transfer Services to Bank Accounts in More Than 30 European Countries

PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries.   As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More

Global Payments Platform PaySend Launches New Service PaySendLink

PaySend, a UK-based global payments platform, has launched a new service, PaySendLink, which allows consumers to send money internationally using just the recipient’s mobile phone number. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a… Read More

Global Payments Platform PaySend Forms Partnership With Vietcombank

PaySend, a UK-based global payments platform, has formed a new partnership with Vietcombank Remittance Company (VCBR). This news comes less than six months after PaySend secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial.  According to Finextra, the partnership between PaySend and… Read More

Global Payments Platform PaySend Secures $20 Million Through Latest Funding Round Led By MARCorp Financial

PaySend, a UK-based global payments platform, announced on Tuesday it secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial. Founded in 2015, PaySend describes itself as a UK fintech company and payments disruptor on a mission to change how money… Read More

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