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Finxera

United States

Founded in

2002 (24 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

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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.

Company Information

Get to know Finxera

Company Information

Get to know Finxera

Founded in 2008, Finxera developed a comprehensive financial services platform focused on providing embedded finance solutions. The company's core offering was an API that allowed other businesses to integrate banking services, such as creating and managing FBO (For Benefit Of) accounts, real-time payment processing (ACH, wire), and maintaining customer account ledgers. This enabled fintechs and other companies to offer financial products without becoming a bank themselves. In July 2021, Finxera was acquired by the European BaaS leader Solarisbank (now Solaris SE) to facilitate Solaris's expansion into the U.S. market. Finxera now operates as a subsidiary of Solaris and is the foundation of its U.S. operations.

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