Company Information

Get to know Status Money

Founded in 2016, Status Money, Inc. is a financial technology company that provides a platform for users to aggregate their financial accounts and anonymously compare their financial standing—including net worth, spending, and debt—against millions of peers. The company's mission is to empower people to make smarter financial decisions by providing data-driven insights and social context. The app also features a rewards system that pays users cash for improving their financial health and offers access to financial advisors through its SEC-registered subsidiary, Status Financial, Inc.

Industry

Financial Financial AdvisementPRIMARY
Financial Banking
Financial Other Service

Contact

Social

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Status Money

United States

Founded in

04 May 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

Warning

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.