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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Paysend Tops Deloitte’s Fastest Growing Tech Companies Ranking Following Record Growth

December 15, 2021 GMT

CALGARY, Alberta--(BUSINESS WIRE)--Dec 15, 2021--

Paysend, the card-to-card pioneer and international payments platform, today announced record growth of nearly 15,000%, earning recognition as a fastest growing technology company by Deloitte.

Paysend topped Deloitte’s 24 th annual UK Technology Fast 50 list as the third fastest growing company based on revenue growth over the past four years, demonstrating its strong and growing demand for better money transfer options. Paysend has broadened the global payments ecosystem, serving more than five million users across 135 countries.

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Ronnie Millar, CEO at Paysend, said, “The global digital payments market has continued to grow at a rapid pace, as non-cash transactions rise in response to consumers’ changing needs. Coming off the heels of our recent expansion into Canada this year, as well as other significant milestones, we are extremely proud to be part of this worldwide movement and to be recognized by Deloitte as we continue to connect millions of ordinary people and businesses and increase financial inclusion.”

Adding to its record growth, Paysend continues to extend its reach in North America, launching in Canada earlier this year to empower Canadians to seamlessly send money internationally. Through its convenient digital tools, low exchange rates and small fixed fees, Paysend has proven to be an outstanding and reliable solution for Canadian immigrants, students, temporary workers and expats. Saving its customers time and money, more individuals are using Paysend for their money transfer needs, as shown by its strong growth.

Timur Shomansurov, Country Manager of Paysend in Canada, said, “Consumers’ appetites for faster and more efficient money transfer options have increased over the last year, particularly as Canada continues to experience record immigration. This year, application volumes are poised to exceed pre-pandemic levels, as more people make Canada their new home. To support these individuals, Paysend is innovating the way users send funds to their friends and families abroad, and our success has been tremendous.”

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Mr. Shomansurov added, “Deloitte’s recognition reaffirms our dedication to deliver fast, secure and cost-effective payment methods. This is just the beginning for our company, and we look forward to our continued growth in the future.”

ABOUT PAYSEND

Paysend is a next generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports a cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

Paysend can send money to 135 countries worldwide and has attracted more than five million consumers to its platform. As a global end-to-end payment platform, Paysend has its own global network of banks and 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.

For further information visit https://paysend.com.

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706-280-9267

mary@yorkpublicrelations.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: SOFTWARE FINANCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY MOBILE/WIRELESS OTHER TECHNOLOGY

SOURCE: Paysend

Copyright Business Wire 2021.

PUB: 12/15/2021 10:00 AM/DISC: 12/15/2021 10:02 AM

http://www.businesswire.com/news/home/20211215005648/en