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Mastercard led a $65m funding round in Paysend.

Financials

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Transaction Value£51m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Cross Border

Acquisition

Completed

payment solutions

United Kingdom

Payments / Commerce

Private

Minority

Friendly

Single Bidder

Venture Capital

Synopsis

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Mastercard, a multinational financial services corporation, led a $65m funding round in Paysend, a global fintech company, with participation from Infravia Growth Capital, One Peak, and Hermes GPE Innovation Fund. "This significant investment is a testament to the strength of Paysend's vision: to build the best-in-class cross-borders solution for businesses and consumers, making money transfer simple for everyone. We are thrilled to welcome our new stakeholders, and we appreciate the unwavering support from our existing investors," Ronnie Millar, Paysend Co-Founder and CEO.

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