How much funding has SendFriend raised?

SendFriend has raised $1.7M in total funding, most recently a seed round.

Who are SendFriend's investors?

SendFriend's investors include Ripple Ventures, Barclays Accelerator (Techstars), Barclays Ventures, Mastercard Foundation.

When was SendFriend founded?

SendFriend was founded in 2018.

Where is SendFriend headquartered?

SendFriend is headquartered in Jersey City, New Jersey, United States.

What industry is SendFriend in?

SendFriend operates in Crypto & Web3, Fintech.

SendFriend

Reinventing cross-border payments for financial inclusion

Jersey City, United States · Founded 2018 · $1.7M raised

Crypto & Web3

Fintech

Headquarters: Jersey City, New Jersey
Employees: 1–10
Founded: 2018
Business Model: B2C

Website: sendfriend.io
Total Funding: $1.7M
Last Round: $1.2M SeedFeb 2019
Rounds: 2

About

SendFriend is a New York-based fintech company founded in 2017 by David Lighton, who conceived the idea while pursuing his MBA at MIT Sloan. The company built one of the first blockchain-settled remittance services, specializing in USD-to-PHP transfers for Filipinos working abroad. SendFriend was backed by Ripple, Barclays, and MIT-affiliated investors, raising $1.7 million in pre-seed funding. The company was accepted into the Barclays Accelerator Program and had roots at The World Bank and MoneyGram. In 2023, SendFriend rebranded to Diameter Pay after processing over $60 million in transactions.

Summary

SendFriend is a Crypto & Web3 company based in Jersey City, United States, founded in 2018. It has raised $1.7M in total across 2 rounds, most recently a $1.2M Seed round in Feb 2019. Investors include Ripple Ventures, Barclays Accelerator (Techstars) and Barclays Ventures.