Company Information

Get to know Coinprofile

Coinprofile was founded to solve the challenges of slow and expensive remittances, particularly for the African continent. The company's mission is to make it easy for anyone to send and receive money globally by leveraging stablecoins and blockchain technology. Their platform allows users to create virtual bank accounts, send money to bank accounts and mobile money in supported countries, and buy or sell cryptocurrencies. By using crypto rails, Coinprofile aims to provide a more efficient and cost-effective alternative to traditional cross-border payment systems.

Industry

Financial PSP GatewayPRIMARY
Crypto Cryptocurrency
Financial Other Service

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Coinprofile

Nigeria

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

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.