Company Information

Get to know LayUp Technologies

LayUp Technologies is a South African financial technology (fintech) company that provides a digital, goal-based savings platform. The company's mission is to help consumers save for specific products and goals by offering an automated savings tool where users can make payments towards a purchase and earn interest on their savings. Once the goal is reached, the user receives a voucher to redeem their chosen item from partner retailers. This service modernizes the traditional lay-by/layaway model, promoting disciplined saving habits and financial wellness.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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LayUp Technologies

South Africa

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.