Paysend Included in FT1000 List for the Second Consecutive Year, Recognizing Exceptional Growth and Resilience
Paysend, a leading cross border money transfer platform, is delighted to announce its inclusion in the prestigious FT1000 List for the second year in a row.
The FT1000 is an annual ranking that identifies Europe's fastest-growing companies based on their compound annual growth rate (CAGR) in revenue over a specific period.
The Listing is a testament to Paysend's remarkable growth trajectory and resilience in the competitive financial industry, highlighting Paysend as one of Europe's leading success stories.
"Being listed in the FT1000 for the second consecutive year is a significant achievement for us," said Mr. Abdul Abdulkerimov, Co-Founder and Chairman at Paysend. "It represents our dedication to providing reliable and innovative money transfer solutions to our customers, as well as our commitment to consistent growth and exceptional service."
Paysend’s rise has been driven by a strategic vision that created partnerships, financed its growth, deepened access to its markets, and applied innovative technology to leverage both access and opportunity. Paysend raised an impressive $65m last year in an investment round following a strategic partnership with Mastercard through which Paysend enhanced cross-border payments for SMEs via its Open Payments Network (OPN).
Another important strategic partnership with TelevisaUnivision, the world's largest Spanish language media company, by which Paysend’s advertising will be featured on TelevisaUnivision's network for the next three years, is helping to make the Paysend brand a household name in Hispanic American households in the USA and further in Southern America. It has opened up the large USA-Latin America money-transfer corridor. A further strategic link opened with Western Union means the provision of digital payments for Western Union's consumer business world wide.
With a compound annual growth rate (CAGR) among Europe's fastest-growing businesses, Paysend has recorded sustained success and acclaim. This achievement is a testament to Paysend's strategic vision, customer-centric approach, cutting-edge technology, and commitment to simplifying and optimising the money transfer experience.
The FT1000 listing recognizes Paysend's exceptional growth rate and the impact of its services, which have garnered a vast customer base of over 8.5 million happy users. Customers praise Paysend for its ease of use, competitive rates, and unrivalled convenience. The company's mobile app, available on the App Store, Google Play, and AppGallery, allows users to send money online, track their transfers, and enjoy the benefits of a seamless and transparent experience.
"We are dedicated to continually improving our services and expanding our reach," added Mr.Jairo Riveros, MD of Paysend in the Americas and Group Head of Strategy. "Being featured in the FT1000 List motivates us to push boundaries, innovate further, and deliver even more value to our customers worldwide."
For more information visit https://paysend.com