Fintechs Canada welcomes Paysend as its newest member

Fintechs Canada is thrilled to announce that Paysend has joined the association.

“Paysend began with a vision to change how people manage their everyday finances,” said Laurence Cooke, chairperson of the board of Fintechs Canada. “They’ve grown tremendously, now with millions of customers for money transfers to over 150 countries around the world.”

Canada is at a pivotal moment, modernizing its approach to financial services policy. With instant payments on the horizon, and the recent appointment of an open banking lead, the time is now for fintechs to make their voices heard.

“Canada is among the most immigrant-reliant advanced economies, attracting people from all around the world. As a result, there is a growing need for better, safer money transfer solutions for those who need to send money to their family, friends and loved ones,” said Timur Shomansurov, Country Manager of Paysend in Canada. “Joining Fintechs Canada will help contribute to our mission of helping Canadians connect globally and providing cost-effective money transfer services that are convenient and accessible.”


About Paysend

Paysend is a next generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports a cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

For more, check out

About Fintechs Canada

Established in May 2019 as a not-for-profit member association, Fintechs Canada is the harmonized voice for technology companies that move money in Canada. Our membership is growing and diverse. It includes Canada’s leading fintechs, global payments giants, fintech-friendly financial institutions, and fintech start-ups and scale-ups, among others.

Explore more resources


With unbalanced representation in Ottawa, the unified voice Fintechs Canada will bring has never been more important.


Fintechs Canada made a submission to the House of Commons Standing Committee on Finance (FINA) in advance of the 2023...


Canada’s banking sector is more concentrated and shows some signs of being less competitive than that of its peers, according...