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United Kingdom
2013 (13 Years)
Last online: No recent activity
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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.
Get to know pay later group
Company Information
Get to know pay later group
Payl8r, a trading name of Social Money Ltd, is a financial technology company headquartered in Manchester, UK. Founded in 2014, the company provides point-of-sale financing, allowing customers to purchase goods and services and pay for them in installments. Payl8r's mission is to offer a flexible and ethical alternative to traditional credit by assessing affordability in real-time, positioning itself as a responsible lender in the Buy Now, Pay Later market.
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