Company Information

Get to know Invapay

Originally founded as an independent FinTech company, Invapay specialized in automating and securing the accounts payable process for businesses. It provided a platform that allowed enterprises to pay their suppliers more efficiently using single-use virtual account numbers (VANs), improving security and streamlining reconciliation. In 2019, Invapay was acquired by Optal, a specialist in B2B payments. Subsequently, in 2020, WEX Inc., a global leader in financial technology solutions, acquired both Optal and Invapay. The Invapay technology and platform are now fully integrated into WEX's broader corporate payments and supplier payments solutions, serving a global client base.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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Invapay

United Kingdom

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 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.