Eversend

Eversend is a multi-currency payments app for individuals who need to send, receive, exchange, and spend money across African countries.

Key capabilities include:

• Send and receive money to friends and family, including cross-border transfers and local transfers between Eversend users, with support for payouts to bank accounts and mobile money in markets such as Nigeria, Kenya, Ghana, Rwanda, Uganda, and Tanzania.
• Multi-currency wallets and currency exchange, allowing users to hold balances and convert between currencies (including USD, EUR, GBP, and local currencies such as NGN, UGX, KES, and TZS) at transparent rates.
• Virtual USD Visa cards for online payments and subscriptions on international merchants (for example Amazon, Netflix, and Google), designed to reduce foreign exchange markups compared to many local bank cards.
• Virtual accounts in USD and EUR (including ACH and SEPA receiving options) for receiving foreign payments and holding balances before paying out.

Available on Android and iOS.

The product primarily serves B2C users managing personal finances, online payments, and cross-border remittances across Africa.

In an African payments context where bank fees and FX markups can be high, it positions itself around low transaction fees, in-app support via customer service chat, and claims of being significantly cheaper and faster than banks for cross-border transfers.