Mobile payments platform builder Paysend has raised $125mn.
In Brief:
Paysend offers a platform for international money transfer, business banking and ecommerce.
The Series B round was led by One Peak.
It included Infravia Growth Capital, Hermes GPE, Plug and Play and others.
What does this mean?
CEO Ronnie Millar says Paysend will continue its geographical expansion, build more products and make new hires. The business is currently used by 3.7mn consumers and 17,000 businesses.
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