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Completed

One Peak led a $125m Series B round in Paysend.

Financials

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Transaction Value£88m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Venture Capital

payment solutions

Cross Border

Completed

Minority

Friendly

Private

United Kingdom

Payments / Commerce

Private Equity

Single Bidder

Synopsis

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One Peak led a $125m Series B round in Paysend, the card-to-card pioneer and international payments platform, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and Plug and Play. "Paysend’s vision is to develop the next generation integrated global payment ecosystem for consumers and SMEs. Our innovative technology is connecting 12bn cards worldwide to pay and send instantly anywhere, anyhow and any currency – we call this Money for the Future. This saves time, saves money and connects millions of people and businesses around the world," Ronnie Millar, Paysend CEO.

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