admin 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.
Details on this Recognition
Paysend topped Deloitte’s 24th 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.
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.”
Record Growth Rate
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 both 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.” 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.”
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