Company Information

Get to know FirstPesa Inc

FirstPesa Inc is a financial service provider that specializes in facilitating online currency exchange for forex traders, primarily in Tanzania. The company acts as a local payment agent, enabling clients to easily deposit and withdraw funds from their international forex brokerage accounts (such as Exness, Roboforex, and FBS) using local payment methods like mobile money (Tigo Pesa, M-Pesa, Airtel Money) and local bank transfers in Tanzanian Shilling (TZS). Their mission is to simplify the process of funding and withdrawing from trading accounts by bridging the gap between international brokers and local financial systems.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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FirstPesa Inc

United States

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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Regulated

Recommended

(73 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.