Payen Limited

Payen Limited is a payment solutions provider, specializing in innovative digital wallet services, enabling seamless currency management for users across various platforms and markets worldwide. Founded in 2010 and headquartered in London, UK, Payen Limited operates as a payment solutions provider, primarily known for its Trustpay Global Wallet. In November 2017, the company received GBP 10 million in funding from Magenta Partners, representing their latest round, which also marks the total amount raised. The company has engaged in one deal as of August 27, 2017.

Payen Limited offers a digital wallet service known as Trustpay Global Wallet, allowing users to store, transfer, and manage multiple currencies efficiently. Catering to both consumers and businesses, the platform facilitates secure transactions, real-time currency conversion, and enhances payment processing for retail businesses, e-commerce platforms, and financial institutions across Europe, North America, and Asia. In the most recent financial year of 2024, Payen reported a revenue of GBP 35,428,941. 90 and an EBITDA of GBP 6,084,032.

70. The company generates income through transaction fees associated with its digital wallet services, operating on a B2B and B2C model, and providing tailored pricing plans for diverse market segments. Payen Limited plans to enhance its product offerings with new features and functionalities for its digital wallet service. Additionally, the company aims to expand its operations into new markets, specifically targeting regions in Asia and North America by 2025.

The recent funding of GBP 10 million will be utilized to support these expansions and product developments, reinforcing their market presence.