UK Fintech Paysend has announced the creation of a European hub located in Dublin. The goal is to expand its services in the European Union in a post Brexit world. Paysend was recently approved for an E-money license (EMI) by the Central Bank of Ireland…. Read More
Paysend, a UK based money transfer, and payments firm, has expanded its services into the US. According to a release, the company’s move into the US is being enabled by Paysend’s partnership with Central Payments, the payments subsidiary of Central Bank of Kansas City. Paysend… Read More
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
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
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
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