Company Information

Get to know AjelPay

AjelPay is a Financial Technology (Fintech) company licensed by the Saudi Central Bank (SAMA) to operate as a payment institution in the Kingdom of Saudi Arabia. Its mission is to empower businesses by simplifying financial operations through a comprehensive digital platform. The company's services are designed to support Saudi Vision 2030 by promoting digital transformation and financial inclusion, offering solutions like Wage Protection System (WPS) compliant payroll, corporate expense cards, and payment gateways for merchants.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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AjelPay

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.