# Yousend

**Source:** https://www.startuphub.ai/startups/yousend
**Profile type:** Startup

> Stablecoin remittance app

## About

Yousend is a stablecoin remittance app that facilitates cross-border money transfers. It leverages stablecoin settlement rails to offer faster and potentially cheaper transactions compared to traditional remittance services. The company has secured regulatory approvals in the UK, Canada, and Nigeria and targets the significant Africa remittance market.

## Key facts

- **Slug:** yousend
- **Website:** yousend.co
- **Location:** London, United Kingdom
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Fintech, Blockchain, Remittance, Digital Currency, Payments, Digital Payments, Web3, Stablecoin, Cross-border Payments
- **Social:**
  - Twitter: https://x.com/yousendhq
  - Facebook: https://www.facebook.com/profile.php

## Frequently asked

### What does Yousend do?

Yousend is a stablecoin remittance app that facilitates cross-border money transfers. It leverages stablecoin settlement rails to offer faster and potentially cheaper transactions compared to traditional remittance services. The company has secured regulatory approvals in the UK, Canada, and Nigeria and targets the significant Africa remittance market.

### How much funding has Yousend raised?

Yousend has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Yousend headquartered?

Yousend is headquartered in London, United Kingdom.

### When was Yousend founded?

Yousend was founded in 2021.

### What industry does Yousend operate in?

Yousend operates in Fintech, Blockchain, Remittance, Digital Currency, Payments, Digital Payments.

### What is Yousend's revenue?

StartupHub estimates Yousend's annual revenue at $649K (range $322K to $953K, 28% confidence), based on comparable companies in the sector.

### What is Yousend's valuation?

StartupHub estimates Yousend's effective valuation at $7.6M (range $5.0M to $12.0M, 10% confidence), based on comparable companies in the sector.

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