Company Information

Get to know PayKey

Founded in 2014 in Tel Aviv, Israel, PayKey pioneered a unique "Social Banking" solution. The company's core product was a white-label mobile keyboard that integrated with a bank's mobile app. This allowed banking customers to initiate peer-to-peer (P2P) payments, check balances, and access other financial services seamlessly from within any social media or messaging app, eliminating the need to switch between applications. The company aimed to make banking services a frictionless part of users' daily social interactions. In December 2021, PayKey was acquired by Nymbus, a US-based provider of banking technology solutions, to integrate its technology into the Nymbus digital banking platform.

Industry

Technology White Label PlatformPRIMARY
Financial Other Service
Financial PSP Gateway

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PayKey

Israel

Founded in

14 Sep 2014 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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(180 reviews)

Cyprus

2017

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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.