Send was a popular online platform that allowed users to send and receive money instantly, without any fees or intermediaries. It was founded in 2020 by a group of young entrepreneurs who wanted to revolutionize the way people pay and get paid. Send claimed to have over 10 million users and processed over $1 billion in transactions per month.
However, in 2023, Send suddenly announced that it was shutting down its operations and ceasing all services. The company did not provide any explanation or details about the decision, leaving millions of users and merchants in the dark. Many users reported that they had lost access to their funds and were unable to withdraw or transfer them. Some merchants claimed that they had not received payments for goods and services they had delivered.
The closure of Send sparked a massive public outcry and a series of investigations by regulators and authorities. Some speculated that Send was a scam or a Ponzi scheme that collapsed under its own weight. Others suggested that Send was hacked or sabotaged by competitors or enemies. Some even blamed the government or the banks for trying to stifle innovation and competition.
The truth behind Send's demise is still unknown and may never be revealed. The founders and executives of Send have not made any public statements or appearances since the announcement. They are reportedly facing criminal charges and lawsuits from various parties. The users and merchants who were affected by Send's closure are still struggling to recover their losses and find alternative solutions.
Send was once hailed as a game-changer and a disruptor in the fintech industry. It promised to make money transfers fast, easy, and free for everyone. But it ended up being a disaster and a disappointment for many. Whatever happened to Send is a mystery that may never be solved.
