Paysend Technology
Paysend: Send Money Home
Publisher DNA
What defines Paysend Technology?
AI intelligence is not yet available for Paysend Technology. The portfolio data below is up to date.
Portfolio
What does Paysend Technology ship?
Apps
2 apps analysed
170+ country reach provides wide distribution
- The core money transfer service provides a simple and fast experience for users who successfully transact
- Users report the app frequently hangs or fails to process transfers following the latest update
Flat-fee card-to-card model undercuts traditional banking costs
- Fast and reliable international money transfers provide significant value for supporting family members abroad
- Post-update technical instability causes app crashes and prevents users from accessing account features
Distributed across 19 markets, strongest in Europe.
Based on 2 of 2 apps with localized market data · last scanned .
Americas (4)
- Brazil2 / 2
- Mexico2 / 2
- United States2 / 2
- Canada1 / 2
Europe (9)
- France2 / 2
- Germany2 / 2
- Italy2 / 2
- Portugal2 / 2
- Spain2 / 2
›+4 more europe markets
- Turkey2 / 2
- Netherlands1 / 2
- Sweden1 / 2
- United Kingdom1 / 2
Asia-Pacific (6)
- Japan2 / 2
- India1 / 2
- Indonesia1 / 2
- Singapore1 / 2
- South Korea1 / 2
›+1 more asia-pacific market
- Vietnam1 / 2
Core markets (2/2 apps)
User Sentiment
How do users feel about their apps?
0
Positive apps
0
Neutral / mixed
2
Negative apps
23/100
Avg sentiment score
Unlock the app dragging this portfolio down.
Access the full report for freeRivals
Who does Paysend Technology compete with?
The rivals identified
Nemeses(2)
This app competes for the same user base interested in real-time currency fluctuations and financial monitoring, often serving as a secondary tool for Paysend users checking exchange rates before initiating transfers.
PayPal competes for the same cross-border remittance audience by offering a consolidated digital wallet that integrates international payment processing with merchant-backed checkout options.
Contenders(10)
Both apps target the international remittance market, competing for users sending money to family across borders via mobile-first interfaces.
Both apps compete for international remittance volume by targeting users who send money to family and friends, forcing a choice between Paysend's flat-fee digital model and MoneyGram's hybrid physical-digital network.
Both apps compete for the same expatriate and family-support user base by providing digital-first cross-border payment corridors to over 170 countries.
Both apps target international remitters and travelers, competing directly on cross-border payment utility and currency exchange speed.
Both apps target international remittance users with low-cost, mobile-first payment models, creating direct competition for users sending funds to Africa, Asia, and the Middle East.
Both apps compete for the international remittance market by targeting the same diaspora audience with digital-first, low-cost transfer services.
Both apps compete for international remittance users, with Western Union leveraging a physical agent network for cash-dependent segments while Paysend focuses on digital-only flat-fee transfers.
Both apps target individuals sending money internationally, competing directly on cross-border transfer speed and cost transparency for global remittances.
Both apps target the same international remittance audience and offer multi-channel payout options, creating direct competition for cross-border transfer volume.
Both apps target international money transfers to over 170 countries, directly competing for the same cross-border remittance user base.
Same space(10)
Fidelity is a direct competitor for the user's financial life, offering comprehensive wealth management and trading services that dwarf the scope of simple money transfers.
Kalshi overlaps with Paysend by targeting users interested in event-based financial outcomes and alternative asset trading.
Krak offers a zero-fee alternative for global peer-to-peer payments, competing with the flat-fee model of Paysend.
Monzo provides a broader digital banking experience that includes budgeting and savings, contrasting with the narrow remittance focus of Paysend.
This app competes by providing a localized, full-service banking experience that includes remittance-adjacent features like cardless withdrawals and merchant discounts.
Orange Money Europe focuses on mobile-wallet-to-mobile-wallet transfers, specifically targeting the African remittance corridor.
PaysafeCard offers a prepaid alternative for users without bank accounts, serving as a wallet for online payments rather than direct remittance.
Ria targets the same remittance market with a 35-year history of global cash pickup availability.
Webull competes for the same wallet share by offering advanced financial services and investment tools that capture users looking to grow their capital beyond simple remittances.
Western Union serves the same international remittance audience but provides a physical agent network for unbanked users that Paysend lacks.
New entrants(2)
This newcomer targets the financial planning segment, capturing users who are calculating long-term debt obligations rather than immediate transfers.
Pocket $ is a direct threat to Paysend's core value proposition by combining local cash-out capabilities with AI-driven business agent features.