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Who owns Eversend?

traditional · Kampala/Paris · E-money institution · custody: Custodial

short answerEversend is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

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.

go deeperSee the full Eversend profile with every verified field, or Eversend alternatives. Raw fields: data.json.

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.