Yousend
Yousend is a regulated international money transfer platform designed for sending funds from the UK, Canada, and the US to Africa. The service delivers payments in under 15 seconds via a high-speed global network, with a 99.9% uptime guarantee and multi-currency account support for USD, GBP, and CAD. Users earn YouPoints on every transaction, redeemable for discounts and free transfers.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
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. Multi-currency accounts allow users to hold and transfer USD, GBP, and CAD balances seamlessly.
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, particularly to Nigeria, Kenya, Cameroon, Ivory Coast, and Benin.
Features
- High-speed transfers with an average processing time of under 15 seconds, backed by a high-speed global network
- 99.9% uptime reliability for consistent and dependable service, with over $13 million safely moved and 37,000+ transactions processed
- Regulated operations with FINTRAC (Canada) and Central Bank of Nigeria licensing, with UK payment collection provided by Clear Junction Limited
- Multi-currency accounts supporting USD, GBP, and CAD for seamless international transfers
- YouPoints loyalty program that rewards users on all transactions and referrals, redeemable for discounts and free transfers
- 24/7 dedicated customer support for personalized assistance
- Excellent user ratings (4.6 on Play Store and 4.9 on App Store)