Paysend, the global fintech innovator, proudly marks its 8th anniversary, celebrating nearly a decade of bold innovation, strategic partnerships, and customer-driven growth.
Founded in the UK in 2017, Paysend has evolved from a cross-border money transfer startup into a leading global fintech company with a clear mission: to simplify money transfer for all by building the world’s largest open, instant digital payments network. Today, Paysend generates over $100 million in annual revenue and serves over 11 million consumers alongside a growing base of enterprise clients—including global leaders in the money movement and high-growth platforms payroll space.
Looking ahead, 2025 marks a pivotal year for Paysend’s enterprise expansion, as the company forges new partnerships and delivers tailored solutions for institutions requiring speed, scale, and reliability. A key milestone includes the recent enablement of real-time messaging and settlement to Mexico via the open payment network (OPN), allowing Enterprise clients to move funds instantly. This capability will soon be extended to other high-priority markets worldwide.
Among the upcoming innovations is Instant Settlement Accounts, a solution designed to address the $400 billion challenge of trapped liquidity. By providing institutions with greater visibility and the ability to transfer funds instantly between accounts, Instant Settlement Accounts will enhance operational efficiency and free up funds globally.
Paysend was recently recognised by FXC Intelligence as one of the Top 100 Cross-Border Payment Companies in 2025, reaffirming its commitment to breaking barriers and simplifying cross-border payments for everyone. With deep collaboration across strategic partners such as Mastercard, Visa, and TelevisaUnivision, along with the successful rollout of digital remittance products like Paysend Libre, the company continues to drive inclusive innovation. Today, Paysend’s global payments network connects to over 25 billion endpoints, including cards, bank accounts, wallets, and smartphones, solidifying its position as a leader in the future of global money movement.
“As we celebrate this anniversary, our commitment to continuous innovation and to evolving with the needs of our customers remains as strong as ever,” says Abdul Abdulkerimov, co-founder and executive chairman of Paysend. “The journey from a startup to a global leader has been extraordinary, and we’re excited to enter this next chapter, focused on global connectivity and instant money settlement.”
In tandem with its 8-year milestone and the ongoing expansion of its global footprint, Paysend is proud to announce the growth into new premises of its European Technology Centre in Belgrade, Serbia, joining its established hubs in London, Dublin, and Miami. The newly renovated space, set to officially open at the end of May, will serve as Paysend’s primary technology hub, underscoring the company’s commitment to innovation not only through its products and services but also in how it empowers its teams and shapes a dynamic, collaborative work environment.
Paysend is a financial technology business building the world’s largest cross-border digital network. Paysend makes cross-border money movement faster, cheaper and more accessible for consumers and enterprises—anywhere, in any currency, and through any method. Founded in 2017 with the introduction of card-to-card transfers, we now offer a comprehensive suite of financial solutions that go beyond traditional money transfers.
With a global reach and offices in London, Belgrade, Dublin, and Miami, Paysend serves over 11 million customers in 170+ countries. Paysend provides access to over 25 billion endpoints, making cross-border payments simple and accessible for everyone. The platform supports seamless cross-network operability, connecting Mastercard, Visa, China UnionPay, local card schemes, instant payment systems, wallets, smartphones and local ACH and payment systems worldwide. Regulated by the Financial Conduct Authority, Paysend ensures secure and dependable payment services, backed by 24/7 global customer support.
The Payments Association
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© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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