Company Information

Get to know FedaPay SAS

FedaPay SAS is a fintech company founded in 2017, headquartered in Benin. It operates as an electronic money institution approved by the Central Bank of West African States (BCEAO). The company's mission is to facilitate digital transactions by providing a single, secure gateway for businesses to accept various payment methods, including mobile money (MTN, Moov), credit/debit cards (Visa, Mastercard), and direct bank transfers across the West African Economic and Monetary Union (WAEMU) region.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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FedaPay SAS

Benin

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.