Company Information

Get to know billpay

Founded in 2009 in Berlin, Billpay GmbH established itself as a leading provider of online payment methods in the DACH region (Germany, Austria, Switzerland) and the Netherlands. The company's core service was to handle the processing and risk management for popular payment options such as purchase on invoice, direct debit, and installment plans, allowing online shoppers to buy goods and pay for them later. This model provided security and liquidity to merchants while offering flexibility to consumers. After being acquired by UK-based Wonga in 2013, Billpay was subsequently acquired by Swedish fintech giant Klarna in February 2017. Following the acquisition, Klarna integrated Billpay's merchant portfolio and technology, and the Billpay brand has since been phased out in favor of Klarna's own comprehensive payment solutions.

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billpay

Singapore

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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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.

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.