The Complainant, (hereinafter “Complainant” or “Paysend”) is a global FinTech company on a mission to change how money is moved around the world. Paysend was created with a vision to change the way people manage their everyday finances. Paysend started out as a team of experts from banking and payments who became frustrated by slow and complex traditional banking systems. Paysend was the first FinTech project to introduce international card-to-card transfers, allowing connections between 12 billion cards globally - Mastercard, Visa, China UnionPay and local card schemes.
Since the Complainant’s business started in 2017 it has launched a number of products, including “Paysend Global Transfers”, “Paysend Global Account”, “Paysend Link” and “Paysend Connect”.
Paysend currently serves over 7 MILLION customers and 17,000 SME’s and operates in more than 150 countries globally, while the receiving countries are over 110, is one of the leaders in the area of online money transfers and received various awards including “PayTech 2018” – “Best Consumer Payments” and “FinovateSpring 2018”- Leading FinTech Product.
The Complainant is the owner of inter alia the following trademarks incorporating the “Paysend” word element:
- “PAYSEND” (word + device) international trademark No. 1284999, registration date – October 13, 2015, protected inter alia in the following jurisdictions: United States, United Kingdom, China (protected for services in class 36), Spain, Poland, Portugal, Germany, Benelux, Switzerland, Sweden, France, Italy, Ukraine, Kazakhstan, Mexico, New Zealand, Zambia, Zimbabwe, African Intellectual Property Organization, Singapore in respect of some goods in class 09 and some services in class 36 including “financial affairs; monetary affairs; online banking”;
- “PAYSEND” (word), IR 1251936, registration date - April 10, 2015, subsequent designation in some jurisdictions on December 10, 2015, protected inter alia in the following jurisdictions: China, United States, Armenia, Bosnia and Herzegovina, Benelux, Ireland, Hungary, Switzerland, Colombia, Spain, Sweden, United Kingdom, Greece, France, India, Italy, Mexico, New Zealand, Poland, Singapore, Turkey, Kazakhstan, Ukraine, Mexico, New Zealand, African Intellectual Property Organization in respect of some services in class 36, including “financial affairs; monetary affairs”;
- “PAYSEND Money for the future” (word + device), IR 1539382, registration date – 30.05.2020, subsequent designation in some jurisdictions on December 16, 2021, protected inter alia in the following jurisdictions: United States, the UK, Turkey, Ukraine, Australia, Austria, Brazil, Benelux, Canada, Spain, Indonesia, Iceland, Switzerland, Republic of Korea, New Zealand, Japan, African Intellectual Property Organization (OA), the Philippines and protected for some goods in class 9 and services in class 36, including “financial affairs, including activity relating to the use of crypto- and digital money and crypto-currency; monetary affairs including operations with the use of crypto- and digital money and crypto-currency”.
“Paysend” business, products and services and awards are publicized via Complainant’s website www.paysend.com.
The Respondent has not submitted any material identifying its rights in this instance case.
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