Company Information

Get to know Foree

Foree (Private) Limited is a State Bank of Pakistan (SBP) regulated Electronic Money Institution (EMI) focused on digitizing payments in Pakistan. The company aims to create a frictionless financial ecosystem by connecting banks, businesses, and consumers through its comprehensive platform. Foree's services include QR code-based payments for retail, online payment gateway solutions for e-commerce, and a digital wallet for consumers, facilitating seamless and secure digital transactions. Their mission is to foster financial inclusion and accelerate the transition to a cashless economy in Pakistan.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Foree

Pakistan

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.