Company Information

Get to know Cringle

Cringle GmbH was a German FinTech company founded in 2014, known for its peer-to-peer (P2P) mobile payment application that allowed users in Germany and Austria to send and receive money using only a phone number. The service aimed to simplify money transfers between friends and family. In 2021, Cringle was acquired by the Swiss software company Netcetera. Following the acquisition, Cringle discontinued its direct-to-consumer app and its team and technology were integrated into Netcetera to enhance their digital payment and secure transaction offerings for banking and business clients.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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Cringle

Germany

Founded in

Feb 2014 (12 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.