About iSend
iSend is a Financial Services company based in Middlebury (United States) founded in 2007, and was acquired by Ding in July 2015. Cross-border bill payments, mobile recharges, and gift cards are facilitated. iSend has raised $1.85 million across 1 funding round from investors including Ding. The company was acqui-hired. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance. Its legal entity is ISEND LLC. Its competitors include Quippi, BlueKite and Easy Transfer; 2 of its 3 listed competitors have raised funding.
Company details
iSend was founded in 2007 in Middlebury, United States, within the financial services sector. Cross-border electronic payments are provided for bill settlements, mobile top-ups, and international gift cards, targeting remittances to family abroad. Access to bill payments and gift cards is enabled via retail agents, while mobile recharges are supported both at stores and online platforms. Operations emphasize practical remittance solutions across borders.
Funding Insights of iSend
iSend has successfully raised a total of $1.85M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.85 million completed in July 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.85M
- Total Rounds 1
- Last Round Seed — $1.85M
- First Round $1.85M
(Jul 2009)
All 1 funding rounds of iSend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2009 | $1.85M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in iSend
iSend has secured backing from 1 investor. Prominent investors backing the company include Ding.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mobile airtime management services are provided globally by Ding. | 2006 | ding.com | Dublin, Ireland |
Investor details for iSend
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of iSend
3 dated milestones of iSend across 8 years, from founding to its latest funding, stage changes and deals.
- Founded iSend is founded.
- Funding First funding round of $1.8M.
- Exit Acquired by Ding.
Competitors of iSend
iSend has 3 listed competitors in our database, 2 of them funded. They include Quippi, BlueKite and Easy Transfer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quippi.com | 2012 | San Diego, United States | $2.43M | US-Mexico cross border gift cards | ||
| bluekite.com | 1998 | Miami, United States | $37.5M | Cross-border bill payments and remittances | ||
| easytransfer.com.cn | 2013 | Seattle, United States | Cross-border transfers for education fee payments are enabled. |
Detailed competitors of iSend
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as iSend (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about iSend
iSend was founded in 2007 and raised its 1st funding round 2 years after it was founded.
iSend is headquartered in Middlebury, United States. It is registered at Middlebury, Vermont, United States.
iSend is a funded company, having raised a total of $1.85M across 1 funding round to date. The company's 1st funding round was a Seed of $1.85M, raised on Jul 2009.
iSend was founded in 2007 in Middlebury, United States, within the financial services sector. Cross-border electronic payments are provided for bill settlements, mobile top-ups, and international gift cards, targeting remittances to family abroad. Access to bill payments and gift cards is enabled via retail agents, while mobile recharges are supported both at stores and online platforms. Operations emphasize practical remittance solutions across borders.
iSend's top competitors include BlueKite, Quippi and Easy Transfer.
iSend has 1 investor. Key investors include Ding.
iSend operates through Isend Llc.
Yes. iSend was acquired by Ding in July 2015.