— LICENCES & REGISTRATIONS
Authorised on both sides of every corridor.
We carry origination in Canada and settlement in the UEMOA zone under our own licences, with messaging and security credentials to match.
CANADA · FINTRAC
Money Services Business
Authorises Xend to originate cross-border payments from Canada, hold customer funds in segregated accounts, and apply Canadian-grade KYC/KYB to senders.
UEMOA
Technical Payment Provider
Authorises direct settlement into the West African Monetary Union, automated central-bank reporting, and operation of the regional clearing relationships behind the API.
— CUSTODY OF FUNDS
Where your money sits, and who holds it.
Funds in transit are held in segregated accounts at named partner institutions — never commingled with operating capital. Each corridor balance is reconciled continuously, and failed payouts return to that balance atomically, so nothing is ever in flight without being accounted for.
Partners receive an explicit statement of which regulated entity carries their funds at each leg: Xend Financial Services Inc. on origination, Xend UEMOA SA on settlement.
— SCREENING & MONITORING
Every transaction passes a governance engine.
Sanctions screening, behavioural monitoring, and central-bank reporting run at the edge of every flow — under our licences, on your behalf.
01
Sanctions & PEP
Rule-based screening against sanctions and politically-exposed-person lists on initiation, before funds move.
02
Behavioural monitoring
Pattern detection for structuring and atypical activity, with suspicious-activity reports filed for the corridor.
03
Central-bank reporting
Per-batch reports formatted for BCEAO submission, with full audit trails available in the dashboard.
