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Photo by Gift Habeshaw on Unsplash

Insurance is an important financial safety net to protect your financial wellbeing over the course of your life.

With increasing life expectancy and climate risk,

However, socioeconomic status and education levels contribute to relatively low adoptions of insurance in Subsaharan Africa.

What is insurance?

Insurance is a financial product sold by insurance companies to protect you from financial losses incurred by life events that we have little control over.

For example, you can take out insurance for your house, your car, your travels (for lost items, illness, and cancellations), your life and health, just to name a few. …


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Photo by Diane Helentjaris on Unsplash

If 2020 has taught us anything, it is that life is uncertain.

It has also taught us to never take our homes, jobs, health, or even our currency value for granted again. Each of these uncertainties could land us in a difficult position through cutting our source of income, undermining the value of our savings, or incurring large unexpected expenses.

While twists and turns are inevitable in life, some people are more financially equipped to deal with them than others.

What is an emergency fund?

An emergency fund can be defined by money set aside and made easily accessible for big, unexpected expenses. …


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Eversend is the financial hub made for Africa and its diaspora. With our multi-currency account, you can transfer money across borders for up to seven times cheaper than existing bank and wire transfer methods, directly from mobile to mobile.

Download on Google Play.

Users can add money to their Eversend wallet in UGX and KES using mobile money. Your mobile money phone number was automatically added during account verification.

Here’s a step by step guide to adding money with mobile money:

  1. In your main wallet screen, scroll to your desired currency (i.e. UGX or KES).
  2. Tap ‘Add money’
  3. Enter the…


The term “Millennial” describes those born roughly between 1981 and 1996. In Subsaharan Africa, this is the bunch driving the “Rising Africa” narrative with innovation, technological savviness and optimism about the future.

Surveys from Geopoll and Old Mutual Fund looked into the financial habits of this population. We gather 5 common mistakes observed and the advice to remedy them.

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Photo by Mikaala Shackelford on Unsplash

1. Saving rather than investing

Old Mutual found that in South Africa, 69% of millennials use formal saving products (i.e. depositing into their savings account), but only 44% use pension or provident funds.

This is problematic as saving accounts do not grow your wealth against the…


Smart ways to stay financially connected to your family and future plans.

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Photo by Hongmei Zhao on Unsplash

Starting a new life abroad can be many things — exciting, nerve-wrecking, full of career opportunities.

One thing it shouldn’t be is wallet-wrecking.

Financial planning doesn’t stop when you move away. Some look to financial advisors, some try to find their own tips and tricks for moving abroad.

From 1–7: count how many financially savvy actions you’ve taken.

1. You budget.

Do you spend locally?

Maintaining eating habits from home may cost extra where you now work. …


Do more with less.

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Photo by Mick Haupt on Unsplash
  • Are you thinking of starting a small business?
  • Does your current business require payments abroad, with recipients using mobile money?
  • Do you need to get paid quickly and securely by your business partners?

This article is for you.

Here are 5 common problems faced by international small businesses. And how you can use Eversend to tackle them.

1. Meeting payment deadlines and liquidity

Instant. Money. Transfers.

No where is this more important than in small scale businesses. Where international money transfers may take days to actually be delivered.

There’s nothing much a business can do when the expected cash inflow isn’t met…


I am writing to compile all the stories of Eversend — people who build it, people who use it, and how this service has impacted their daily lives.

First, I sit down with our Founder and CEO — Ugandan entrepreneur Stone Atwine to talk about his personal story. Specifically — who’s behind Eversend, why and how Financial Inclusion and access lie at the heart of our work.

All around the world, 1.7 billion adults lack access to formal financial services. We call them the “unbanked” — those without a bank account at a financial institution or through a mobile money…


We believe your money should be spent on #whatmatters, so we are working hard to bring you no-cost transfers.

While we work on that, the cost of international money transfers right now differs across countries and payment methods.

The transaction cost vary according to a number of factors.

How you load the money
Loading with mobile money, credit card, or debit cards

e.g. Different card issuers charge differently for payments you make from the card, as a standard procedure.

Foreign exchange
2–3.5%.

Where you send the money to
Mobile money or Eversend wallet

For example, the cost of sending to these countries would be slightly different.

  1. Sending to Uganda mobile money.
  2. Sending to Kenya mobile money.
  3. Sending to Rwanda mobile money.
  4. Sending to an Eversend wallet. (Completely free of charge!)

We make sure to clearly show you the…


No-fuss.

Enjoy cheap, secure, convenient intra-Africa money transfers now.

Download Eversend here to send money between the world, Uganda, Kenya, Tanzania, and Rwanda.

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After you’ve registered with Eversend, we’ll ask you to take:

  1. A photo of your original government-issued photo ID
  2. A quick selfie

Why do we need this information?

This is part of a financial regulation protocol known as Know Your Customer (KYC).

Before we can deliver great services to you, we must verify your identity to protect you from fraud, laundering and corruption.

4 steps for a fail-proof verification

  1. Go somewhere bright
  2. Turn off flash
  3. Check 3 month validity and matching details on your…


Eversend reflects on the case of Uganda in the aftermath of the WFP incident.

How are technologies like ours changing the way we serve these communities?

The tragedy earlier this week involving the sickness of over 250 people serviced by the World Food Programme’s (WFP) operations in Karamoja has shone light on the humanitarian crisis unfolding in Uganda.

Countless food assistance beneficiaries reported symptoms of food poisoning after eating Super Cereal, a fortified porridge aimed to tackle malnutrition of pregnant and breastfeeding women.

What is the Hunger crisis in Uganda? What is being done to alleviate the situation through technology…

Eversend

Not a bank, better.

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