Paul Billing (Send Payments)
Overview
Paul Billing is an Australian entrepreneur known for his role as a co-founder of Send Payments, a fintech company that specializes in cross-border financial solutions for businesses and consumers. Established in 2019 alongside partners Ian Cragg and Alexandra Rofe, Send Payments has quickly become a disruptive force in the foreign exchange industry by offering innovative, low-cost digital payment solutions. Under Billing’s leadership, the company has successfully raised significant funding and expanded its consumer and corporate customer base across multiple regions, notably Australia and Europe.
Recent Developments
Paul Billing's recent developments in his professional journey involve significant transitions and achievements in the fintech sector:
- August 2025: Paul Billing stepped down as CEO of Send Payments. Matt Barr, a payments industry veteran, was appointed as the new CEO. Barr has a rich history with prominent companies like Mastercard, Eftpos, and Bank of New Zealand, bringing over 25 years of experience to Send Payments.
- August 2025: The appointment coincided with a major cash influx where Send Payments raised $5 million in funding, which aims to bolster the company's growth and product development. Key investors included Regal Funds Management, iPartners, and Shaw and Partners.
- 2024: Send Payments was recognized by Deloitte in their Tech Fast 50 Awards, securing the 30th position as one of the fastest growing tech firms in Australia. This accolade highlights the company's innovation and resilience in the competitive fintech landscape.
- 2023: Send Payments successfully completed a significant Series B funding round, raising approximately $11.5 million to scale its operations and capture opportunities within the Australian and European markets.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Paul Christopher Billing |
| Born | December 1983 |
| Nationality | Australian |
| Occupation | Entrepreneur, Business Leader |
| Known For | Co-founding of Send Payments |
| Net Worth | Not publicly disclosed |
| Education | Griffith University |
Early Life and Education
Paul Billing was born in December 1983. He pursued his higher education at Griffith University, where he developed a foundational understanding of business and finance. His academic background, combined with a keen interest in technology and entrepreneurship, laid the groundwork for his future endeavors in the fintech sector. Billing’s early career was marked by various leadership roles, where he honed his skills in business management and financial solutions, ultimately guiding his path towards co-founding Send Payments.
Career and Notable Achievements
Paul Billing's professional journey is marked by entrepreneurial pursuits and leadership in the fintech industry:
- 2019: Co-founded Send Payments, focusing on providing low-cost, efficient cross-border payment solutions. Under his leadership, the company gained traction as a digital disruptor in foreign exchange.
- 2021: Achieved 400% revenue growth, highlighting the company’s rapid expansion and increasing market reach.
- 2017: Recognition for his entrepreneurial spirit and business acumen came as he was awarded the Young Professional of the Year by Business News Australia.
- 2022 - 2025: Successfully orchestrated several funding rounds for Send Payments, including Series A and Series B, attracting significant investments for scaling operations and improving their service offerings.
Current Work and Impact
Though Paul Billing has stepped down from an operational role in Send Payments as of August 2025, he remains a pivotal figure and strong supporter of the company. His legacy in Send Payments is reflected in its reputation as a leading fintech solution provider, characterizing innovative payment solutions and excellent customer service. Billing’s impact on the company is evident in the strategic direction and steady growth that Send Payments continues to achieve even post his operational tenure.
Conclusion
Paul Billing’s career is a testament to his capabilities as a visionary entrepreneur and his influence on the fintech ecosystem. Through the establishment and growth of Send Payments, he has significantly contributed to the evolution of digital payment solutions and international financial transactions. As the company continues to build on his foundational work, Billing's legacy will likely persist through the innovative strategies and future success of Send Payments. His journey inspires aspiring entrepreneurs in the fintech space, demonstrating the value of resilience, innovation, and strategic growth in a transforming industry.