FIX and REPLACE Paysend Partners with Flinks to simplify money transfers for Canadians


Calgary, Alberta – (COMMERCIAL THREAD) – Please replace version with the following corrected version due to multiple revisions.

The updated version reads as follows:

Paysend partners with Flinks to simplify money transfers for Canadians

Paysend, the next-generation payment platform for customers and businesses around the world to pay, hold and send money online anywhere, anytime, and in any currency, announced today its partnership with the leading platform for data analysis and connectivity. Flinks to simplify money transfers for Canadians.

Through this partnership, Paysend has launched a new method of financing for Canadians, now including funds (EFT), which allows users to directly transfer funds from one Canadian bank account to another or across the world. Canadians are no longer limited by credit and debit card limits, often requiring multiple transfers. Instead, they can securely send a single transfer of up to CA $ 10,000 directly from their bank to over 120 countries while benefiting from Paysend’s revolutionary technology that allows funds to be received in around 12 seconds. .

“In an ever-changing world, effective money management is essential,” said Ronald Millar, CEO of Paysend. “Our customers need solutions that are secure, fast, convenient and smart, and that simplify financial complexities. Partnering with Flinks was a natural fit for us. Together, we enable people to securely and quickly transfer money directly from their bank account to loved ones, wherever they are.

Paysend chose Flinks not only for its powerful technology, but also to continue its commitment to Canada. A fast growing fintech, Flinks recently received a $ 103 million investment from National Bank of Canada, including $ 30 million in growth capital to fuel its continued expansion in North America. Flinks continues to break down barriers to financial innovation, with millions of consumers relying on the services powered by its data platform.

“By providing solutions supported by Canadian businesses to Canadian citizens and immigrants, this partnership strengthens Canada’s position as a FinTech hub and builds on a more powerful FinTech ecosystem for the country,” said said Timur Shomansurov, Country Director of Paysend in Canada. “We are excited to expand our offering with Flinks and look forward to working with a like-minded organization to better support communities across the country. ”

“This partnership is a great example of the benefits of financial data connectivity for consumers. People who send money overseas want a fast, easy experience they can trust. Paysend is leading the charge by giving its users greater control and confidence over their transfers, and we’re excited to enable them with data tools to do just that, ”said Yves-Gabriel Leboeuf, CEO of Flinks.

About Flink

Flinks is the financial data layer that powers the Internet. Trusted by millions of people accessing financial services from world-class companies, Flinks empowers businesses to connect to their clients’ financial accounts, enrich that data, and use it to deliver better digital products. Serving innovators in lending, fintech, digital banking, asset management and insurance, Flinks is quickly becoming a global leader in connectivity and financial data analytics. For more information visit www.flinks.com.

About Paysend

UK-based Paysend is a global FinTech with an international team of talented specialists who work hard every day to develop a top-notch payments ecosystem that supports customers in a fast, secure and smart way. Paysend connects millions of people with their families and communities around the world with secure and instant money transfers. With its supreme technology, state-of-the-art infrastructure and global network of partners, Paysend has grown into a global community that is growing day by day. For more information visit www.paysend.com.


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