Claret Capital Partners announced a $25 million follow-on investment in Paysend to support the continued expansion of its global payments infrastructure and product suite. The funding builds on Claret’s initial investment in 2020 and reflects ongoing confidence in the company’s growth trajectory and international scale.
Founded in 2017 and headquartered in the UK, Paysend has developed a global payments platform that enables seamless cross-border money movement. The company operates one of the largest digital payment networks, connecting more than 25 billion endpoints and serving over 12 million customers worldwide. Its platform supports cross-border transactions in more than 170 countries, positioning it as a significant player in the global fintech ecosystem.
The new capital will be used to accelerate the development of Paysend’s proprietary technology, expand its geographic footprint, and introduce new products across both its consumer and enterprise offerings. The company has demonstrated sustained momentum through increasing payment volumes, ongoing innovation, and continued international expansion.
Claret Capital Partners, which has supported Paysend through multiple stages of growth, views the company as well-positioned to scale further as demand for efficient cross-border payments continues to rise.
KEY QUOTES:
“We’re delighted to continue our partnership with Paysend. The team have built a highly scalable global payments platform and continues to execute strongly against its growth strategy. We are pleased to further support the business as it scales internationally and expands its product offering, building on the progress achieved since our initial investment.”
George Morgan, Senior Associate at Claret Capital Partners
“Paysend is delighted to work with a strong partner like Claret who supports our vision to create the world’s largest cross-border digital network. We are scaling rapidly on a global scale and this funding supports us in achieving our ambitions.”
Wilhelm Rohde, Group CFO at Paysend
