# Paysend funding: rounds and investors

> Paysend has raised $134M across 4 rounds since 2018. Investors include Claret Capital Partners, Plug and Play and Visa. Every round with its source.

Source: https://millionrounds.com/company/paysend (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Paysend*

4 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Raised 3 months ago Valuation: $719M, Oct 2024

Funding summary Updated 26 Oct 2026

**$134M** raised across 4 rounds since 2018, from 4 sources

**$20M** Round **$64M** Venture **$25M** Venture **$25M** Debt

- **Latest round:** Debt, $25M Jul 2026
- **Led by:** Claret Capital Partners
- **Biggest round:** $64M Venture · Nov 2023
- **Investors:** 5 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024 2026

**$20M** Round

**$64M** Venture

**$25M** Venture

**$25M** Debt

- **First round:** Round, $20M
- **Biggest round:** $64M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jul 2026** Debt **$25M** *1 returning* [Claret Capital Partners](https://millionrounds.com/fund/claret-capital-partners) Lead Reported by Claret Capital Partners
- **Mar 2026** Venture **$25M** *1 new* *3 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Visa](https://millionrounds.com/fund/visa) [MasterCard](https://millionrounds.com/fund/mastercard) [Claret Capital Partners](https://millionrounds.com/fund/claret-capital-partners) Source recorded
- **Nov 2023** Venture **$64M** *3 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Visa](https://millionrounds.com/fund/visa) [MasterCard](https://millionrounds.com/fund/mastercard) Source recorded
- **Jul 2018** Round **$20M** *1 new* MARCorp Financial Reported by FinSMEs

## Founders and team

From Paysend's own website: 2 founders, 12 on the team.

**Abdul Abdulkerimov** Executive Chairman & Co-Founder

**Ronald Millar** Co-Founder & Founder’s Office

- **Ben Chisell** Group CEO
- **Alex Nicolaus** Chief People Officer
- **Ivan Alekseev** Chief Technology Officer
- **Wilhelm Rohde** Chief Financial Officer
- **Zoe Duncombe-Wood** Chief Network Officer
- **Dmitriy Palchikov** Head of Consumer
- **Jairo Riveros** Head of Americas & Strategy Office
- **Christoph Mayer** Board & Advisors
- **Gary Kearns** Board & Advisors
- **Javier Perez** Board & Advisors
- **Mark Evans** Board & Advisors
- **Tom Zschach** Board & Advisors

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Venture** 2023 **Venture** 2026 **Debt** 2026 [Claret Capital Partners](https://millionrounds.com/fund/claret-capital-partners) L [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Visa](https://millionrounds.com/fund/visa) [MasterCard](https://millionrounds.com/fund/mastercard) MARCorp Financial

## Everyone who backed them

[Claret Capital Partners](https://millionrounds.com/fund/claret-capital-partners) Private credit **2** rounds, led 1

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds

[Visa](https://millionrounds.com/fund/visa) Corporate VC **2** rounds

[MasterCard](https://millionrounds.com/fund/mastercard) Corporate VC **2** rounds

MARCorp Financial no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paysend).

## Also claim to have backed them

These 2 firms list Paysend as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Digital Space Ventures](https://millionrounds.com/fund/digital-space-ventures) VC firm Per its own site

[ODC Ventures](https://millionrounds.com/fund/odc-ventures) Family office Per its own site

## Quick answers about Paysend

### Who invested in Paysend?

Paysend's investors include Claret Capital Partners, Plug and Play, Visa, MasterCard and MARCorp Financial. Claret Capital Partners led its latest round.

### How much has Paysend raised?

Paysend has raised $134M across 4 rounds since 2018.

### When did Paysend last raise?

Paysend's most recent round was a Debt of $25M in Jul 2026, led by Claret Capital Partners.

### What was Paysend's biggest round?

Paysend's largest round on record is $64M (Venture), in Nov 2023.

### Who backed Paysend first?

Paysend's first round on record, in Jul 2018, was backed by MARCorp Financial.

### What stage is Paysend at?

Paysend's latest named round is a Debt, in Jul 2026.

### Where is Paysend based?

Paysend is based in the United Kingdom.

### Who led Paysend's rounds?

Claret Capital Partners led the Debt in 2026.

## Companies like Paysend

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)

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