Company Information

Get to know RecargaPay

Founded in 2010, RecargaPay is a leading mobile financial services platform in Brazil, focused on democratizing access to digital payments for the banked and unbanked populations. Its ecosystem functions as an all-in-one "super app," allowing users to pay bills, recharge mobile phones and transportation cards, send peer-to-peer payments (P2P), purchase gift cards, and access micro-loans and prepaid cards. The company operates as a Payment Institution regulated by the Central Bank of Brazil, aiming to provide simple, secure, and convenient financial services through a single mobile application.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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RecargaPay

Brazil

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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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.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

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.