Company Information

Get to know Banco.Fitness

Banco.Fitness positions itself as a complete digital bank designed to reduce bureaucracy in financial services. Although it uses "Banco" (Bank) in its name, it operates as a "banking correspondent" (correspondente bancário) in partnership with licensed financial institutions in Brazil, such as BPP Instituição de Pagamento S.A. and QI Sociedade de Crédito Direto S.A. The company provides digital accounts, credit cards, and a range of payment solutions including Brazil's Pix system, bill payments (boletos), and transfers, aiming to simplify the financial lives of its clients.

Industry

Financial Electronic PaymentPRIMARY
Financial Investment
Financial Other Service

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Banco.Fitness

Brazil

Founded in

2023 (3 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.