FinTech startup Paysend gets $20m to shake up global remittances

UK FinTech company Paysend has raised $20m in a round led by MARCorp Financial. The company also drew support from existing investors. Paysend will use the money to launch new services and to boost its global expansion plans. Launched early last year, Paysend has created a global card to card payment infrastructure in a bid to simplify global remittances.

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