#VALUE! a Finance & Payments business raised £ 10,709,113 via a Equity raise funded on 9 Jun 2019

Seedrs

Who are #VALUE!

PAYSEND GROUP LIMITED is located in Kirkcaldy.

Money for the future. Pay, hold & send money instantly and across borders.

Many of our daily financial needs are made of 3 words – Pay, Hold, Send. Yet they often end up bringing difficulties because of cost, time and barriers of traditional banks.

Company details for #VALUE!

The company was incorporated as a Private limited with Share Capital on 4 Apr 2017 and is registered in the UK at Companies House with Company Number SC562529

The sector the business operates in is described at Companies House as 70100 – Activities of head offices with its registered office at CLUNY COURT, JOHN SMITH BUSINESS PARK, KIRKCALDY
FIFE
KY2 6QJ.

Current status of the company is Active.

How much was raised in the Paysend Seedrs Crowdfunding Campaign

Company funded on 9 Jun 2019 with £10,709,113 at a pre money valuation of £124,904,832 . The target raise was £4,260,004 for 3.30% of the equity of the company.

The raise was a Equity raise.

The company operates in the sectors Finance & Payments , Digital and Mixed B2B/B2C .

What information do the filings at Companies House provide about the Company

Last accounts made up to 31 December 2018 filed by the company show

  1. Cash £4.7M
  2. Net Worth £11.2k
  3. Total Liabilities £6.1M
  4. Net Assets £9.4M

The records indicate the company has total directors of 4 and 16 shareholders.

Accounts Filing Status

  1. Last Accounts – Last accounts made up to 31 December 2018
  2. Last accounts made up to 31 December 2018

Confirmation Statement Status

  1. Last Confirmation Statement – Last statement dated 5 April 2020
  2. Next statement date 5 April 2021
    due by 19 April 2021

Filings Recently Made By PAYSEND GROUP LIMITED

21 Apr 2020 – Confirmation statement made on 5 April 2020 with updates

20 Jan 2020 – Statement of capital following an allotment of shares on 7 January 2020
GBP 2,907.6699

20 Jan 2020 – Resolutions
Resolution of allotment of securities
Resolution of removal of pre-emption rights
Resolution of adoption of Articles of Association

14 Jan 2020 – Appointment of Mr William Mark Evans as a director on 23 December 2019

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