Eversend also provides multi-currency wallets and currency exchange and plans to offer personal loans, savings, group savings, merchant payments, and investments in the future. Eversend will use the funds for product development, user acquisition, and regulatory compliance, while it also intends to expand its offering to Nigeria, Francophone Africa, and Europe. Some of the funds will remain in company accounts as working capital to beef up Eversend’s netting off reserves.