Company Information

Get to know PayAngel

PayAngel, the trading name for PAYINC GROUP LTD, is a financial technology company focused on simplifying cross-border payments for the African diaspora. The company's mission is to provide an instant, secure, and rewarding way for people living abroad (primarily in the UK, Europe, and Canada) to send money and pay for services for their loved ones in Africa. Founded with the goal of making remittances more efficient and transparent, PayAngel offers services including direct bank transfers, mobile money top-ups, and bill payments. The company is authorized by the UK's Financial Conduct Authority (FCA) as a payment institution.

Industry

Financial PaymentPRIMARY
Financial Other Service

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PayAngel

United Kingdom

Founded in

2013 (13 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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Warning

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.