Company Information

Get to know noventis, inc.

Founded in 2004, noventis, inc. specialized in optimizing B2B payments by building a network to convert traditional paper check payments into more efficient electronic transactions, such as virtual cards and ACH. The company's mission was to streamline the accounts payable process for businesses and provide faster, more secure payment delivery to a broad network of suppliers. In October 2018, Noventis was acquired by WEX Inc., a leading financial technology service provider, to expand WEX's corporate payments solutions and enhance its B2B payment capabilities. The Noventis network and technology have since been integrated into WEX's offerings.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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noventis, inc.

United States

Founded in

1998 (28 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.