July 26, 2019 @ 11:11 am By JD Alois  |  

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

June 17, 2019 @ 11:16 am By JD Alois  |  

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

May 14, 2019 @ 9:54 am By JD Alois  |  

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