Press Releases

Press Release

India Embraces Digital Peer-to-Peer Money Transfers During COVID-19, Fuelling 1M New Users on Paysend

Following coronavirus outbreak, Paysend facilitated more than double the volume and value of payments to Indian bank accounts. The COVID-19 pandemic is accelerating the shift from cash to digital mone...

Press Release

Global FinTech sets education agenda to make digital money part of the school curriculum and relieve economic stress

•\s82% of 17 and 18-year olds worry about money •\sFinancial literacy is lower in the under 35-year olds that in the over 36-year olds •\sDuring the pandemic global trends showed a 300% increase in on...

Press Release

Paysend Waives Fees for U.S. Money Transfers to 70 Countries Through October

Global payments provider waives transaction fees as the COVID-19 pandemic continues, helping global citizens send money cross-borders to loved ones America’s 9 million expatriates, 47 million immigran...

Press Release

Paysend grows by 80%, accelerating the switch to digital money as £2 and 2p coins are discontinued

•\sRoyal Mint halts production of £2 and 2p coins for 10 years •\sOnly 3 out of ten transactions were completed with cash in 2019 in the UK •\sRapid growth of Paysend’s money solutions reflects the sw...

Press Release

Paysend Expands into U.S. Market with Central Payments Partnership

Global money transfer provider brings streamlined, inexpensive cross-border payment option to American consumers UK-based Paysend, today announced that its globally-recognized money transfer service i...

Press Release

African money transfer boost as World Bank aims for full digitalisation by 2030

•\sWorld Bank aiming to digitally enable every individual, government and business in Africa by 2030 •\s2019 figures show that African digital penetration stands at 27% but with huge potential to grow...

Press Release

Paysend enters technology partnership with Alipay for global remittances

Paysend, the global Fintech corporation based in UK, announces a technology collaboration with Alipay to provide Paysend's users with cross-border money transfer that brings more conven-ient and inclu...

Press Release

UK Fintech sets out survival plan for small businesses post Covid

Analysis by London based global fintech Paysend into the critical issues facing small businesses in a post coronavirus environment point to a new world in which they will need to operate, and new tech...

Press Release

Global payments Paysend outmatching World Bank Covid forecasts

UK-based global FinTech firm Paysend today released figures showing the extensive growth of its Global Transfers service experienced during the coronavirus pandemic, countering the World Bank predicti...