Eversend
Trust · Licences · Safeguarding

Licensed, regulated, and built to last.

Eversend moves money through licensed and registered entities. We hold customer funds in safeguarded accounts, secure digital assets with institutional custody, and monitor every transaction for fraud and misuse.

Licensed & registered entities Safeguarded customer funds Fireblocks-secured digital assets 256-bit encryption Two-factor authentication Operating since 2019
Licence register

Where we are licensed and registered.

The entities, regulators and registration numbers behind Eversend money movement. We keep this specific on purpose.

Uganda

Licensed

Cogni Labs Ltd, trading as Eversend

Authorised and regulated by the Bank of Uganda under the National Payment Systems Act.

Payment Systems Operator
Small Funds Transfer · PSO 53/26
Payment Service Provider & E-Money Issuer
Small E-Money Issuer · PSP 35/26
Issuer of Payment Instruments
Class A Payment Cards · IPI 07/26

United States

Registered

Eversend Inc.

Registered as a Money Services Business with FinCEN.

Money Services Business (MSB)
FinCEN · Reg. 31000260352270

Canada

Registered

Eversend Tech Ltd

Registered as a Money Services Business with FINTRAC.

Money Services Business (MSB)
FINTRAC · Reg. M21306189

Kenya & Zambia

Authorised

Remittance authorisation

Authorised for supported remittance activity in each market.

Kenya
Inbound & outbound remittance
Zambia
Inbound remittance
Safeguarding

How we protect customer funds.

Safeguarding is not a badge. It is how money is held, reconciled and watched, every day.

Safeguarded, segregated accounts

Customer funds are held separately from Eversend operating funds.

Reconciliation controls

We reconcile balances and records across wallets, rails and settlement partners.

Regulated money movement

We operate through licensed entities, with controls fit to each product and corridor.

Transaction monitoring

We monitor for fraud, sanctions, suspicious activity and misuse.

KYC and KYB

People, businesses and platform partners are verified based on product, market and risk.

Corridor approval

Products, rails and funding may vary by country, currency, partner and regulation.

Account & data

Protected by more than a password.

Two-factor authentication

Add a second layer of verification to protect account access.

256-bit encryption

Sensitive data is encrypted in transit and at rest where applicable.

Card controls

Freeze, manage and control your virtual cards from the app.

Secure in-app support

For anything account-specific, use verified support inside the app.

Digital assets, institutional custody.

Supported digital assets are secured with Fireblocks. Stablecoin features run only where supported, under custody, liquidity and compliance controls.

  • Fireblocks custody infrastructure
  • Wallet security controls
  • Compliance monitoring
Plainly stated

Safeguarding is not the same as deposit insurance.

Customer funds are held in safeguarded, segregated accounts, which is designed to protect your money, but it is not a government deposit-protection or insurance scheme.

Crypto and stablecoin assets are unregulated and can be volatile. Their value can go down as well as up, you may lose what you put in, and they are not covered by deposit-protection schemes. Read the product disclosures before using these features.

All systems operational

We watch the network, not just the app.

Eversend depends on wallets, banks, mobile money, cards, custody, FX and partner rails. We monitor availability and post incidents publicly.

View system status
Responsible disclosure

Found a security issue?

If you believe you have found a vulnerability affecting Eversend, tell us with details. Please do not access, change or extract customer data.

Report to security@eversend.co
Stay safe

We will never ask for these.

Eversend will never ask for your password, full card number, PIN or one-time passcode, by email, phone, WhatsApp, social media or support chat. If someone claiming to be us asks, don't share them.

Be wary of investment, romance, job and marketplace scams. Use in-app support for anything account-specific, and report anything suspicious quickly.

  • Don't send money to people you don't know.
  • Never share an OTP, even with “support”.
  • Report suspicious activity through in-app support.

Trust & security questions.

Yes. Eversend operates through licensed and registered entities, including Bank of Uganda authorisation, FinCEN (US) and FINTRAC (Canada) MSB registrations, and remittance authorisation in Kenya and Zambia.