Company Information

Get to know coolpay

Founded in Denmark, CoolPay was a technology-focused payment service provider (PSP) that aimed to simplify online payments for merchants. The company provided a comprehensive platform for businesses to accept a wide range of payment methods, including major credit cards and local options. In 2021, CoolPay A/S merged with and was fully rebranded as Paylike ApS to unify its services and brand identity under a single name, continuing its mission to offer simple, transparent, and developer-friendly payment solutions across Europe.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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coolpay

Denmark

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.