Company Information

Get to know FatakPay

FatakPay is a financial technology platform focused on providing instant credit access to India's salaried workforce. The company offers a revolving credit line that integrates directly with the UPI payment system, allowing users to scan any QR code and pay using their approved credit limit. Their mission is to offer financial flexibility and cater to the short-term credit needs of employees through partnerships with employers. The service is positioned as a convenient alternative to traditional credit cards or personal loans for everyday expenses.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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FatakPay

India

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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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.