UK based money transfer platform raised £8.5m in Series B funding, of which £4.6m was raised on the Seedrs investment platform and £3.95m was invested by GVA Capital.
Paysend CEO Ronald Millar said, according to the report, “At Paysend, we believe that transferring money should be as easy and immediate as sending an email, and finally the digital age is able to facilitate this. Our vision is to focus on a service offering around pay, hold and send money in order for customers to enjoy their hard-earned cash.” “We are constantly looking for ways to simplify and improve [the] customer experience and make it even easier for the sender to initiate a transaction,” Millar said. “Now all they have to do is provide a recipient’s phone number and click send.”
https://www.pymnts.com/news/investment-tracker/2019/uk-fintech-paysend-closes-funding-round/