• FOUNDING YEAR: 2015
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    2 Jul, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Paysend offers a mobile app that allows users to send money directly from their card instead of bank accounts. While making transfers, the app shows the best exchange rate, the transfer fee, and the amount the recipient will receive.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail and institutional customers
EXISTING PARTNERSHIPS:
Mastercard, Visa, Union Pay

PEOPLE

FOUNDERS:
Abdul Abdulkerimov
Board Members and Advisors:
Daria Samarenko
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Digital Space Ventures, MARCorp Financial
KEY EMPLOYEES:
Sergei Bulgakov (CMO), Dmitry Gondusov (CIO), Ronald Millar (CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$23 Millions
DATE OF LAST FUNDING:
Jul 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to launch new services and expand globally. (July 2018)
SEED CLOSED ON:
Jan 2016
SEED PRIOR FUNDING COMMENT:
An undisclosed amount of funds were raised in Jan. 2016.
FUNDING SERIES:
SERIES A
$20 Millions Closed: Jul 2018
LISTED:
NO

LATEST RESEARCH