Company Information

Get to know adelantos

Adelantos is a fintech company focused on improving the financial health of employees in Latin America. By partnering with businesses, Adelantos integrates with their payroll systems to offer a suite of benefits, chief among them being "Salary On-Demand" (earned wage access). This service allows employees to withdraw a portion of their accrued salary at any time during the pay cycle, aiming to reduce their reliance on high-interest loans and alleviate financial stress. In addition to wage access, the platform provides tools for financial education and savings to promote long-term financial stability for its users.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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adelantos

Panama

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.