Money Transfer Series C+

Paysend

Instant Cross-Border Payments to 170+ Countries Worldwide

Available in 8 countries Last verified: Mar 2026
Send Money
Founded
2017
Users
12M+
Total Funding
$227M
Employees
350+

🏢 Company Overview

Headquarters
London, United Kingdom
CEO
Ben Chisell
Funding Stage
Series C+
Total Funding
$227M
Users
12M+
Pricing
freemium
Rating
★ 4.5
AML Compliant GDPR PCI DSS E-Money License Payment License No

ℹ️ About Paysend

Paysend is a UK-based global fintech platform founded in 2017 that enables instant cross-border money transfers to over 170 countries. It connects Visa, Mastercard, and China UnionPay networks with local payment rails, reaching 20 billion+ endpoints worldwide.

The platform supports card-to-card transfers, bank account payouts, mobile wallet deposits, and cash pickups with flat transparent fees starting at $1.99 per transfer. Paysend serves both consumers and enterprises through its proprietary open payment network.

Paysend offers the Libre virtual Mastercard for multi-currency spending, compatible with Apple Pay and Google Pay. Its Enterprise API powers bulk cross-border payouts for businesses including global payroll and freelancer payments across 100+ payout countries.

Authorized and regulated by the FCA (UK), registered with FinCEN (US), and licensed by the Central Bank of Ireland (EU), Paysend maintains PCI DSS Level 1 certification. All transactions are protected by advanced encryption, 2FA, and AI-driven fraud monitoring.

With 12 million+ registered customers, offices in London, Miami, Dublin, and Belgrade, and $227M in total funding backed by Mastercard, One Peak, and InfraVia, Paysend has grown into one of the largest independent cross-border digital payment networks globally.

⚡ Key Features

Instant card-to-card transfers via Visa Mastercard
Bank account payouts in 170+ countries
Mobile wallet deposits to local providers
Libre virtual Mastercard multi-currency spending
Enterprise API for bulk cross-border payouts
Real-time exchange rate transparency before sending

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Low flat-fee transfer pricing
170+ country payout reach
Sub-minute transfer delivery speed
Multi-network card interoperability
⚠️
Weaknesses
Areas to improve
Exchange rate markup applied
$10,000 single transaction limit
Limited sending country availability

💬 User Reviews

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🌍 Available In

8 countries
United Kingdom United States Germany France Ireland Poland Italy Spain
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