May 27, 2022

After a $125 million investment round, British Paysend is opening a technology hub in Belgrade

After a new investment round, Paysend, the global FinTech with 7 million customers, announced that it is opening its new European Technology Center in Belgrade, Serbia. 

Recently, Serbia started attracting a growing community of established brands, venture capital firms and FinTech startups that are drawn to the country in order to take advantage of its convenient location and domestically-grown, internationally acclaimed technology talent pool. As Paysend states in its official blog, “the new technology hub will focus on software and product development, embracing Serbia’s reputation as Europe’s next technology hotspot.” 

Abdul Abdulkerimov, Co-Founder and Chairman at Paysend, said: 

“As a global FinTech, choosing Belgrade as the location for Paysend’s primary European technology hub was an easy decision given the growing infrastructure and support that the Government of the Republic of Serbia is providing to encourage the growth of technology and start-ups.

Paysend is planning to increase the number of employees in Belgrade to up to 100 people by the end of 2022.

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