Who owns Eversend?
Is Eversend a licensed bank?
No — it is an e-money institution. Licence detail: E-money issuer + PSP licences (Bank of Uganda); FinCEN and FINTRAC registrations.
Where is your money held?
Custody model: Custodial.
Eversend runs on: Union54 (BaaS middleware). Full stack on the infra map.
Who's behind Eversend?
Eversend was founded by Stone Atwine (2017), headquartered in Kampala/Paris.
Is my money safe with Eversend?
As an e-money institution, Eversend safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.