“With more people than ever before going online to pay for things and pay each other, startups that are building the infrastructure that enables these actions continue to get a lot of attention. In the latest development, Paysend, a fintech that has built a mobile-based payments platform — which currently offers international money transfers, global accounts, and business banking and e-commerce for SMBs — has picked up some money of its own. The London-based startup has closed a round of $125 million, a sizable Series B that the company’s CEO and founder Ronnie Millar said it will be using both to continue expanding its business geographically, to hire more people, and to continue building more fintech products.”
UK’s Paysend Raises $125M at a $700M+ Valuation to Expand Its All-in-one Payments Platform
TechCrunch
