Company Information

Get to know Nuovopay

Nuovopay, a product by ProMobi Technologies, provides a cloud-based software solution for telecom carriers, device financing companies, and resellers. Its core service is a remote locking technology that allows these businesses to secure the smartphones and tablets they offer on installment plans. If a customer defaults on their payment, the company can remotely disable the device, rendering it unusable until the payment is made. This significantly reduces the risk of non-payment and fraud, thereby encouraging the affordability and accessibility of devices in emerging markets.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service
Financial Payment

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Nuovopay

India

Founded in

01 अक्टू. 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.