SendFriend
Reinventing cross-border payments for financial inclusion
Jersey City, United States · Founded 2018 · $1.7M raised
- 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 Mastercard Foundation.
Tech & App Stack
4 technologies & apps tracked
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Funding History
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Feb 2019
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Investors
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