About PaySend
PaySend is a company based in Valletta (Malta) founded in 2015 by Ronald Millar and Abdul M Abdulkerimov. PaySend has raised $251.9 million across 6 funding rounds from investors including Mastercard, Plug and Play Tech Center and TelevisaUnivision. The company has 1 employees as of April 07, 2024. PaySend has completed 1 acquisition, including rapid-sd.com.au. PaySend operates in a competitive market with competitors including MoneyGram, Chipper Cash, WorldRemit, Wave Systems and Taptap Send, among others.
- Headquarter Valletta, Malta
- Employees 1 as on 07 Apr, 2024
- Founders Ronald Millar, Abdul M Abdulkerimov
- Stage Minicorn
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Paysend India Private Limited
- Date of Incorporation 25 Jul, 2022
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$251.9 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series B
Apr 02, 2026
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Investors
Mastercard
& 9 more
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Employee Count
1
as on Apr 07, 2024
- Investments & Acquisitions
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People of PaySend
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Funding Insights of PaySend
PaySend has successfully raised a total of $251.9M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in April 2026. 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.
Investors in PaySend
PaySend has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Mastercard, Plug and Play Tech Center and TelevisaUnivision.
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Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
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Diversified investments are managed across multiple sectors by Hermes GPE.
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Private equity and infrastructure fund focused on multiple sectors
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Investor details for PaySend
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PaySend
PaySend has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include rapid-sd.com.au.
Investment portfolio details for PaySend
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- Portfolio identities
- Transaction dates
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Government programs access and development services are provided in Australia.
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Complete acquisition details for PaySend
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - PaySend
Detailed financials for PaySend
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Paysend Comparisons
Peer comparison for PaySend
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of PaySend
PaySend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Chipper Cash, WorldRemit, Wave Systems and Taptap Send, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cross-border payments are enabled via wallet solutions for consumers.
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Cross-border remittances are enabled for individuals through a mobile wallet.
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Banking channel for cross border money transfers
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Cross-border money transfers are enabled via an app-based wallet.
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Cross-border money transfers are enabled by an app-based digital wallet.
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Detailed competitors of PaySend
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- Domains and locations
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Latest news on Paysend
Complete news archive for PaySend
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about PaySend
PaySend was founded in 2015 and raised its 1st funding round 3 years after it was founded.
PaySend is headquartered in Valletta, Malta.
Ronald Millar is the current CEO of PaySend. They have also founded this company.
PaySend is a funded company, having raised a total of $251.9M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at PaySend is 1.
PaySend was established in 2015 and is based in Valletta, Malta. Operations are focused on the fintech sector, where a digital wallet is offered for international money transfers. Sending, receiving, and overseas payments are supported for users. Transfer tracking and bank-level security features are incorporated. The application is accessible on Android, iOS, and AppGallery platforms.
PaySend's top competitors include Chipper Cash, Taptap Send and WorldRemit.
PaySend has made 1 acquisition, including rapid-sd.com.au.
PaySend has 10 investors. Key investors include Mastercard, Plug and Play Tech Center, TelevisaUnivision, One Peak, and Hermes GPE.
The valuation of PaySend is $700M as of May 2021.