Company Information

Get to know fivory

Fivory was a French fintech startup that developed a comprehensive mobile payment solution. Launched in 2014, the application functioned as a digital wallet, allowing users to make in-store payments via QR codes, manage loyalty programs, receive digital receipts, and access special offers from partner merchants. The company was notably backed by the French banking group Crédit Mutuel Arkéa. In 2016, Fivory announced a merger with "Wa!", a similar mobile payment solution developed by Carrefour Banque and BNP Paribas. The merger was finalized in 2017, and the combined entity and service were rebranded as "Lyf Pay," creating one of France's leading mobile payment platforms.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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fivory

France

Founded in

2012 (14 Years)

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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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.