When was PaySend founded?

PaySend was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is PaySend located?

PaySend is headquartered in Valletta, Malta. It is registered at Suite 2, Ground Floor Orchard Brae House, 30 Queensferry Road, Edinburgh, Scotland, EH4 2HS.

Who is the current CEO of PaySend?

Ronald Millar of PaySend. They have also founded 1 company.

How many employees does PaySend have?

As of Sep 30, 2026, the latest employee count at PaySend is 377.

Is PaySend a funded company?

PaySend is a funded company, having raised a total of $252M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 03, 2018.

How much is PaySend worth?

The latest valuation of PaySend is $***** as of May 26, 2021.

When was the latest funding round of PaySend?

PaySend's latest funding was a $***** Series B round on Apr 02, 2026, with participation from 1 investor.

What is the annual revenue of PaySend?

Annual revenue of PaySend is between £100M and £500M as on Dec 31, 2025

Where does PaySend rank among its competitors?

PaySend ranks 5th amongst 494 active competitors, of which 57 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was LemFi, which secured an undisclosed amount in May, 2026.

Who are the top competitors of PaySend?

PaySend's top competitors include Taptap Send, Chipper Cash and YouTrip. Among them, LemFi secured the most recent funding round in May, 2026.

PaySend - 2026 Company Profile, Team, Funding, Competitors & Financials

PaySend is a series B company based in Valletta (Malta), founded in 2015 by Abdul M A and Ronald Millar. It operates as a Provider of international money transfer services enabling fast, low-cost cross-border payments. PaySend has raised $252M in funding from investors like Mastercard, GVA and One Peak, with a current valuation of $*****. The company has 494 active competitors, including 57 funded and 12 that have exited. Its top competitors include companies like Taptap Send, Chipper Cash and YouTrip.

Company Details

Provider of international money transfer services enabling fast, low-cost cross-border payments. It offers real-time currency conversion, transparent fees, and multiple payout options including bank deposits, debit/credit cards, and mobile wallets. It supports secure, regulated cross-border payments with PCI-DSS certified infrastructure and partnerships with major payment networks.

Website: paysend.com
Social
Registered Address: Suite 2, Ground Floor Orchard Brae House, 30 Queensferry Road, Edinburgh, Scotland, EH4 2HS

Key Metrics

Founded Year

2015

Location

Valletta, Malta

Stage

Series B

Total Funding

$252M in 6 rounds

Latest Funding Round

Series B, Apr 02, 2026, $*****

Post Money Valuation

$***** as on May 26, 2021

Investors

Mastercard & 13 more

Ranked

5^th among 494 active competitors

Annual Revenue

£100M - £500M as on Dec 31, 2025

Employee Count

377 as on Sep 30, 2026

Investment & Acquisitions

rapid-sd.com.au

Similar Companies

YouTrip & 261 more

View PaySend's full profile

PaySend is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PAYSEND INDIA PRIVATE LIMITED CIN: U74999DL2022FTC402274 , India, Under liquidation	Jul 25, 2022	0 - ₹10 Cr (As on Mar 31, 2024)	-
Paysend Group Limited CIN: SC562529 , United Kingdom, Active	Apr 03, 2017	£100M - £500M (As on Dec 31, 2025)	-

PaySend has raised a total funding of $252M over 6 rounds. Its first funding round was on Jul 03, 2018. Its latest funding round was a Series B round on Apr 02, 2026 for $*****. 1 investor participated in its latest round. PaySend has 14 institutional investors.

Here is the list of recent funding rounds of PaySend:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2026	3037993	Series B	1648334	3843666	7182426	7181117
Nov 29, 2023	1436664	Series B	4837278	5013625	6301365	One Peak & 2 more
Dec 16, 2021	7546731	Series B	9543417	6310317	Global Paytech Ventures	7398129

Access funding benchmarks and valuations. Sign up today!

View details of PaySend's funding rounds and investors

The founders of PaySend are Abdul M A and Ronald Millar. Ronald Millar is the CEO of PaySend.

Here are the details of PaySend's key team members:

Abdul M A: Co-Founder of PaySend.
Ronald Millar: Co-Founder & CEO of PaySend.
Contact Info: 1 email address

View details of PaySend's Founder profiles and Board Members

PaySend's employee count trend

PaySend has 377 employees as of Sep 26. Here is PaySend's employee count trend over the years:

Uncover PaySend's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of PaySend include Taptap Send, Chipper Cash and YouTrip. Here is the list of Top 10 competitors of PaySend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Taptap Send 2018, London (United Kingdom), Series B	App-based digital wallet for cross-border money transfers	$80M	Spark Capital, Canaan & 14 others	77/100
2nd	Chipper Cash 2018, San Francisco (United States), Series C	Cross-border remittance platform for individuals	$305M	Deciens Capital, Raptor Group & 45 others	77/100
3rd	YouTrip 2018, Singapore (Singapore), Series B	NFC-enabled travel cards and multi-currency wallet transfer service for travelers	$106M	Lightspeed Venture Partners, Insignia Ventures Partners ... Read more	75/100
4th	LemFi 2020, London (United Kingdom), Series B	Provider of global money transfer and multi-currency wallet services	$86.9M	Highland Europe, Global Founders Capital ... & 13 others	74/100
5th	PaySend 2015, Valletta (Malta), Series B	Provider of international money transfer services enabling fast, low-cost cross-border payments	$252M	Mastercard, GVA & 12 others	74/100
6th	bKash 2011, Dhaka (Bangladesh), Series C	Mobile financial services and payment system for consumers	$261M	SoftBank Vision Fund, Alipay & 3 others	73/100
7th	nsave 2022, London (United Kingdom), Series A	Multi-currency accounts and investment service provider	$22.5M	TQ Ventures, Y Combinator & 10 others	71/100
8th	Telcoin 2013, Los Angeles (United States), Seed	Wallet-enabled cross-border payment solution for consumers	$35M	East Ventures, Skyblock Capital & 5 others	70/100
9th	Sling Money 2022, Dover (United States), Series A	Fintech platform providing a global payment solution	$20M	Ribbit Capital, Union Square Ventures & 2 others	68/100
10th	Airtm 2015, Mexico City (Mexico), Series A	Wallet for cross-border money transfers	$24.6M	IGNIA, Stellar & 9 others	66/100