Paysend to Expand in APAC, Opens Singapore Regional HQ with Top Management Appointment

  • Payments
  • 13.05.2021 09:30 am

Paysend, the UK based global Fintech has the vision to develop the next generation of integrated global payment ecosystem to save time, save money and serve millions all around the globe.

Reaching more than 3.5 million customers already in 60+ countries, soon Paysend will be bringing their disruptive Financial Services to APAC.

Asia Pacific is one of the most populated and attractive regions globally with nearly 4 billion people living there and a massive opportunity for digital money.

In order to drive the growth of the company across the region, Paysend has appointed Steve Vickers as the new Managing Director for Paysend APAC. Based in Singapore, Steve will be responsible for defining and implementing the regional business strategy, building a world-class Fintech team, and securing additional Regulatory approvals and partnership deals across Asia. All this in order to turbo charge growth for Paysend in the region and to land the foundations of a winning business in the long run.

Paysend is establishing itself as a trusted cross-border payments partner, with millions of customers using the Global Transfers and Global Account services every month. We intend to offer our multi-currency account, virtual debit card, and global transfer capabilities to individuals and SMEs throughout Asia,” says Steve.

Steve is an experienced global executive, with a track record of success in several areas of the Internet Economy: eCommerce, Media & Content, Digital Services, and Payments/FinTech. He has negotiated deals and built operational teams in APAC, Europe, the Americas, and Africa. For the last 12 years he has been based in Singapore, and has driven the growth of several major international technology organisations across the region, including Xiaomi, Grab, and the payments Fintech Thunes.

“Building from our existing partnership deals with Mastercard, Visa, China UnionPay, and Alipay, amongst many others, I see enormous opportunities to expand our industry leading card-to-card direct transfer offerings further, providing additional benefits for the millions of un-banked individuals across Asia Pacific,” adds Abdul Abdulkerimov, Paysend Founder and President.


Paysend is a next generation integrated global payment ecosystem enabling consumers and businesses to pay, and send money online anywhere, anyhow in any currency. Paysend is UK-based and has global reach and was created in April 2017 with the clear mission to change how money is moved around the world.

Paysend currently supports connections between 12 billion cards globally across Mastercard, Visa, China UnionPay and local card schemes and provides over 40 payment methods for online SMEs. Paysend operates in over 60 countries worldwide and has attracted more than 3.5 million consumers and 135,000 businesses to its platform.

As a global end-to-end payment platform Paysend has its own global network of banks, international and local payment systems, and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal member and certified processor. Paysend recently opened its US and Canada operations and secured a partnership with Alipay in order to grow its global footprint.

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