Company Information

Get to know Penni Payments

Founded in 2016, Penni is a software company that has developed a platform focused on embedded finance, primarily for the insurance and pension industries. Their core mission is to help companies digitalize the sale of financial products, making them more accessible and user-friendly for the end consumer. Through their "Penni Connect" platform, they allow businesses to integrate various financial services, such as payment solutions, financing, and insurance products, directly into their existing online systems and customer touchpoints. This enables their clients to create seamless, integrated purchasing experiences.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Penni Payments

Canada

Founded in

2021 (5 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.