Paysend Secures $25M Follow‑on Investment From Claret Capital Partners

Why It Matters

The infusion strengthens Paysend’s ability to scale its cross‑border network, positioning it to capture a larger share of the fast‑growing digital remittance market. It also signals continued investor confidence in fintech platforms that can navigate complex international payment rails.

Key Takeaways

• Paysend raised $25M follow‑on from Claret Capital.
• Funding backs expansion of global payments infrastructure and product suite.
• Paysend serves 12M customers, 25B endpoints across 170+ countries.
• Enterprise division adds direct payouts to China via Alipay, WeChat.
• Company valued at $700M in 2021; new capital fuels growth.

Pulse Analysis

The digital remittance sector has become a battleground for fintech innovators seeking to replace legacy banks and money‑transfer operators. By securing $25 million from Claret Capital, Paysend joins a wave of capital‑intensive scaling moves that aim to capture the $800 billion global cross‑border payments market. The investment not only provides runway for technology upgrades but also signals to the market that investors see sustainable growth potential in platforms that can offer instant, low‑cost transfers across a fragmented regulatory landscape.

Paysend’s network now spans more than 170 countries, linking over 25 billion endpoints and serving 12 million customers. Its recent product rollout—Paysend Enterprise—adds a critical capability: direct payouts to China’s Alipay and WeChat Pay wallets via a single API. This addresses a notorious pain point for multinational firms that must navigate Chinese settlement rules, offering faster, compliant access to one of the world’s largest outbound payment corridors. The expanded suite, which also includes pay‑to‑card, pay‑to‑account and SWIFT options, positions Paysend as a one‑stop shop for both retail and B2B users.

For the broader fintech ecosystem, the funding underscores the escalating competition among cross‑border players such as Wise, Revolut and Airwallex. As capital flows continue, firms that can combine deep local partnerships, regulatory expertise, and a scalable technology stack will likely dominate market share. Paysend’s $700 million valuation from 2021 and its latest capital raise suggest it is on a trajectory to challenge incumbents, while providing investors with exposure to a high‑growth, digitally native payments network poised for further global expansion.

Deal Summary

UK‑based international money transfer firm Paysend announced a $25 million follow‑on investment from Claret Capital Partners. The funding will be used to expand its global payments infrastructure, product suite and geographic footprint. The round adds to Claret’s 2020 investment and underscores Paysend’s growth strategy.