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United Kingdom
2016 (10 Years)
Last online: No recent activity
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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.
Get to know Paybase
Company Information
Get to know Paybase
Founded in 2013, Paybase was a UK-based FinTech company that developed a comprehensive Payments-as-a-Service (PaaS) solution. Its API-first platform was designed to help platform businesses (such as online marketplaces) manage complex payment flows, including receiving payments, holding funds in escrow, splitting payments, and paying out sellers, all while handling the associated regulatory and compliance burdens like KYC/AML. In October 2020, Paybase was acquired by Railsbank (which later rebranded to Railsr) and its independent operations were subsequently wound down and integrated into the parent company.
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