# Eversend > Borderless payments and embedded financial services for Africans and the African diaspora ## At a glance | Field | Value | | --- | --- | | Category | Distribution & Sales | | Type | Solutions Provider | | Region | EMEA | | Headquarters | Kampala, Uganda | | Founded | 2017 | | Stage | Startup | | Employees | 11-50 | | Funding | Seed | ## Overview Eversend is a multi-currency digital wallet and borderless payments platform targeting Africans and the African diaspora. The company operates in the distribution and embedded insurance space, offering travel insurance products embedded directly within its mobile application alongside cross-border remittances, virtual accounts, and currency exchange services. Founded in 2017 by Stone Atwine, Ronald Kasendwa, and Emma Smith, the company is headquartered in Kampala, Uganda with offices in Lagos, London, Paris, and New York. The platform delivers its services through iOS and Android mobile applications supported by a cloud-based backend. For business customers, Eversend provides B2B payment APIs enabling merchants and platforms to collect payments, distribute payouts to mobile money and bank accounts across Africa, and access wholesale foreign exchange. The embedded insurance offering provides travel insurance accessible in-app without redirecting users to third-party sites. Eversend has grown to over 1 million active users and has raised approximately USD 1.33 million across multiple rounds from investors including Visa Accelerator, Google for Startups, Atomico, and HoaQ. The company has been featured in coverage by BBC, CNN, Bloomberg, and Forbes, and was selected for the Slush 100 accelerator program. ## Products & services ### Multi\-Currency E\-Wallet A digital wallet enabling users to hold and exchange funds across multiple currencies including USD, EUR, and local African currencies at competitive exchange rates. **Key features:** - Hold balances in multiple currencies simultaneously - Real\-time currency exchange at wholesale rates - Virtual USD and EUR accounts with IBAN support *Target users:* Individual consumers, African diaspora members ### Cross\-Border Money Transfers International remittance service enabling users to send and receive funds to mobile money accounts and bank accounts across Africa and globally. **Key features:** - Delivery to mobile money wallets \(e\.g\., MTN, Vodafone\) - Bank account delivery across Africa - Competitive transfer fees targeting diaspora corridors *Target users:* African diaspora, individuals sending funds to family in Africa ### Business Payment APIs B2B API infrastructure for merchants and platforms requiring payment collection, payout distribution, and foreign exchange across Africa. **Key features:** - Payout API to mobile money and bank accounts - Wholesale FX for business transactions - Working capital management tools *Target users:* Merchants, platforms, businesses operating in African markets ### Embedded Travel Insurance Travel insurance products available for purchase directly within the Eversend mobile application. **Key features:** - In\-app purchase without redirect to external sites - Integration with the digital wallet for payment *Target users:* Individual travelers using the Eversend platform ### Virtual Cards and Cryptocurrency Exchange Virtual and physical debit cards with foreign exchange savings, plus in-app digital asset buying and exchange. **Key features:** - Virtual USD cards with up to 13% savings on FX fees - Physical card issuance - Cryptocurrency buy/exchange integrated with wallet balance *Target users:* International travelers, crypto\-curious consumers ## Category & focus - Subcategories: Embedded Insurance, Digital Payments, Cross\-Border Remittance - Insurance verticals: Specialty/E&S - Target customers: Consumers, Carriers ## Notable customers - 1,000,000\+ active users globally - Strong adoption in Nigerian, Ghanaian, and Ugandan markets ## Links - Website: - Directory profile: - Linkedin: - Crunchbase: --- *Last updated: 2026\-05\-12*