Paysend appoints Wilhelm Rohde as CFO as epic growth phase continues

Rick Steves

“His experience in helping payments companies to scale and navigate hyper-growth journeys will be invaluable to us as operational and financial growth remain important catalysts for the next stage of our growth story.”

Paysend has appointed a new Group Chief Financial Officer, Wilhelm Rohde.

The highly experienced senior finance executive joins the payments firm from Swisscard AECS GmbH – a joint venture between American Express / Credit Suisse Joint Venture – where he held the role of CFO and was a member of the Executive Board.

He spent over a decade at American Express in international business development and finance leadership roles, and he also held consulting roles at Deloitte and Cap Gemini.

“Invaluable to us as operational and financial growth remain important catalysts”

Abdul Abdulkerimov, Chairman at Paysend, said: “We’re hugely excited to have Wilhelm join Paysend as Group CFO. His experience in helping payments companies to scale and navigate hyper-growth journeys will be invaluable to us as operational and financial growth remain important catalysts for the next stage of our growth story.”

Wilhelm Rohde, Group CFO at Paysend, said: “I am excited to join Paysend, a global leader in the payments space that has and will change how money is moved around the world.”

Paysend has recently launched a new Paysend Business product that aims to accelerate the financial growth of small and medium-sized enterprises by providing them with the end-to-end payments platform.

Other past company announcements include landmark partnerships with Deel and Currencycloud that complement Paysend’s borderless payments ecosystem where businesses can disperse funds instantly, anytime and anywhere.

Paysend eyes 60% customer growth YoY

Paysend currently allows users to send money to over 170 countries worldwide after having added 50 new receiving countries to its global payments network earlier this year. The firm expects to reach the milestone 8 million customers globally later this year.

In late 2021, Paysend appointed ex-Mastercard President Javier Perez as a non-executive director of the board. At the time, the firm was celebrating 5 million customers, obtained in under five years. This means that Paysend is likely to achieve about 60% growth in its customer base this year alone.

The firm had raised an additional $125 million Series B investment round in May 2021, and it Deloitte ranked Paysend the third fastest growing technology company in the UK last year.

Read this next

Digital Assets

INX combines SEC-registered security tokens and cryptos in one platform

“By bringing together our security token trading platform with our cryptocurrency trading platform and primary offering services, INX is pioneering a new era of digital asset investing for both primary and secondary markets that benefits everyone – not just a select few.”

Industry News

Bitso launches QR code payments for crypto in Argentina

“This is an especially important product offering for Argentina as it provides users protection from the adverse economic factors such as inflation and currency devaluation.”

Institutional FX

CLS FX volume continues downward trend in August

Total daily traded volume submitted to CLS for settlement took yet another step back in August.

Digital Assets

Huobi taps AstroPay to facilitate fiat-to-crypto payment in Latin America

Huobi, the world’s sixth-largest crypto exchange by trading volume, has recently partnered with payment solution provider AstroPay to launch local currency account deposits and withdrawals in Latin America.

Digital Assets

Crypto exchange FTX to raise $1 billion at flat valuation of $32 billion

FTX is reportedly in discussions with a clutch of heavyweights from traditional finance to raise up to $1 billion in fresh funding to fuel more deal-making.

Digital Assets

Revolut US launches trading on Avalanche, Solana, and Dogecoin

British fintech and banking firm Revolut has further expanded its cryptocurrency offering in the US with the addition of 29 new tokens.

Digital Assets

Bahrain greenlights eazyPay to launch Binance Pay

The Central Bank of Bahrain has blessed a new partnership inked by Binance with Eazy Financial Services ‘eazyPay’, a local POS and online payment service provider. The greenlight enables EazyPayto to launch Bitcoin and cryptocurrency payments in the region.

Digital Assets

Coinbase approved to offer crypto for Dutch users

Nasdaq-listed crypto exchange operator Coinbase has been handed regulatory approval to operate as a crypto service provider in the Netherlands.

Metaverse Gaming NFT

AC Milan partners with Solana-based NFT football game MonkeyLeague

“Partnering with champions like AC Milan, an absolute iconic Club throughout footballs history, is another testament to what we are building and where we are headed as a game and game studio. It also represents a key step in our plans to bridge the Web2 and Web3 worlds.”