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Global FinTech Paysend has reached a new milestone of 3.5 million customers on its digital money and global money transfer platform.

Having reached 2.5 million customers on 4 November 2020, the firm’s growth acceleration has continued at pace, and 2 million new users have joined the platform since the start of the pandemic in March of last year.

With daily registrations in excess of the 6,000 mark, Paysend has its sights set on further growth and success in the digital money space in the coming years. Its global transfer platform has expanded to over 110 international corridors, with new destinations being added every month.

“Paysend has developed into one of the world’s fastest-growing FinTechs, and our mission to save time, save money and service millions is going extremely well,” Ronnie Millar, Paysend's CEO, said. “We connect millions of people every day with our affordable and hassle-free digital money solutions that give people more control over their hard-earned cash and help them to avoid high bank fees.

“Despite our ongoing success, this is still just the beginning of a big journey for us - watch this space for more big news to come!”

Paysend is a global FinTech company born in 2017, based in the UK and regulated by the FCA. Servicing over 3.5 million customers in 50+ countries and multiple currencies, Paysend enables instant cross-border transfers, card processing and merchant acquiring as well as local payments in a way which is simple, smart and secure.

As a global end-to-end payment platform Paysend has its own global network of banks, international and local payment systems, and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal member and certified processor. Paysend recently opened its US operations and secured a partnership with Alipay in order to grow its global footprint.

Kate Buckle
Article by Kate Buckle
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