Payments company Next has raised $ 20 m in funding led by investment firm MARCorp Capital . Paysend , whose card - to - card money transfer service handles over 1 billion cards , has trebled its customer base over the past 12 months . Michael Fazio, chairman of MARCorp Financial, says: “Paysend have created the first integrated B2B and B2C global payments business which is already disrupting the market.” It plans to use the fresh capital to further grow its customer base and fuel its global expansion .
Payments company Next has raised $ 20 m in funding led by investment firm MARCorp Capital . Paysend , whose card - to - card money transfer service handles over 1 billion cards , has trebled its customer base over the past 12 months . It plans to use the fresh capital to further grow its customer base and fuel its global expansion .