Yousend is a licensed international money transfer service connecting the UK, Canada, and the US to Africa, offering high-speed, cost-effective cross-border payments. The platform processes transactions in under 15 seconds with 99.9% uptime, and rewards users with YouPoints on every transfer. It is registered with FINTRAC and licensed by the Central Bank of Nigeria, ensuring regulatory compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional international money transfer services to Africa are often slow, expensive, and lack transparent tracking, causing frustration for users who need to send funds quickly and affordably. High fees and poor exchange rates further erode the value of remittances, which are a vital source of income for many families.
Solution
Yousend provides a fast, cost-effective, and reliable international money transfer platform specifically designed for sending funds from the UK, Canada, and the US to Africa. The service leverages a high-speed global network to deliver payments in under 15 seconds, with a 99.9% uptime guarantee, ensuring that money arrives when it is needed most. Yousend is fully regulated, being registered with FINTRAC in Canada and licensed by the Central Bank of Nigeria, which builds trust and ensures compliance with financial regulations. The platform also includes a customer loyalty program, YouPoints, which rewards users on every transaction, redeemable for discounts and free transfers.
Target Audience
The primary customers are African immigrants and diaspora communities living in the UK, Canada, and the US who regularly send money to family and friends in Africa.
Features
- High-speed transfers with an average processing time of under 15 seconds
- 99.9% uptime reliability for consistent and dependable service
- Regulated operations with FINTRAC (Canada) and Central Bank of Nigeria licensing
- YouPoints loyalty program that rewards users on all transactions and referrals
- 24/7 dedicated customer support for personalized assistance
- Excellent user ratings (4.6) on both the Play Store and App Store