Company Information

Get to know Paysack

Paysack is a financial technology company based in India that offers a neo-banking platform specifically for families. Its core product is a smart prepaid card linked to a mobile application, which allows parents to manage their children's expenses, automate allowances, set spending limits, and track transactions in real-time. The company's mission is to empower the next generation with financial literacy and provide families with a secure and convenient tool to manage their day-to-day finances collectively.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Insurance

Contact

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Paysack

N/A

Founded in

Oct 2015 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.