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Sole trader vs limited company: Which business structure is right for you?

Choosing between operating as a sole trader or as a limited company is a key decision for UK entrepreneurs. In a sole trader setup, you and your business are legally the same person. This means you have total control over your business but also bear full personal liability for any debts. In contrast, a limited company is a separate legal entity owned by shareholders, giving you “limited liability” – your personal assets (house, car, savings) are generally protected if the business runs into trouble.

13.10.2025

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United to continue our support for Ukraine

Over the past year, Sends has continued to assist Ukrainian refugees settling in the UK through a range of initiatives. To better serve individuals establishing new lives here, we have launched a permanent promotion — United by Sends — offering free account opening in three currencies (GBP, EUR, and USD).

07.10.2025

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What is a salary advance?

Many employees may ask what is a salary advance and whether it can help with financial emergencies. In simple terms, a salary advance means getting part of your pay early – essentially receiving your salary in advance of payday.

01.07.2025

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This spring, 2025, Sends is offering free account opening for individuals. New users who activated their accounts from 01/04/2025 to 31/05/2025 get a Sends personal account for free.

This spring, 2025, Sends is offering free account opening for individuals. New users who activated their accounts from 01/04/2025 to 31/05/2025 get a Sends personal account for free. 

10.04.2025

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The role of Artificial Intelligence in enhancing AML and Regulatory Compliance in Fintech

The fintech sector is evolving rapidly, transforming financial transactions, but it is also facing growing regulatory scrutiny and risks, such as fraud and cybersecurity threats.

01.04.2025

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Alyona Shevtsova joins panel at PAY360 to talk about AI and Financial Crime

On March 25 in London, Alyona Shevtsova, CEO of Sends, took the stage at PAY360 to discuss AI’s role in financial security. Speaking alongside Uber Payments UK and Monzo industry experts.

01.04.2025

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Virtual debit card launch

In 2025, our customers can use a virtual debit card for online payments. A virtual card functions like a regular payment card, with one key difference: it does not have a physical form.

14.01.2025

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Sends received PCI-DSS certification Version 4 after successful information security audit

This September, Sends Financial Company successfully completed the information security audit and received its Payment Card Industry Data Security Standard (PCI-DSS) certification Version 4. 

30.09.2024

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Sends company co-organized London Fintech Networking Meetup: summing up the event

On September 12th, Sends company, with its partners, held the London FinTech Networking Meetup. It took place in London and was co-organized by Dukascopy Swiss Banking Group, Complyport, Fintecor, and The Association of Governance Risk and Compliance. Entry was limited to select guests, ensuring a focused, high-quality experience. Over 100 visitors attended. 

19.09.2024

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5 ways to budget using your SENDS account

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