Company Information

Get to know Roqqett

Roqqett was a London-based fintech startup founded in 2019. The company's mission was to simplify the payment process for both consumers and businesses by leveraging Open Banking technology. Their core product was a mobile app that enabled instant, secure, and fee-free payments directly from a user's bank account to a merchant, bypassing traditional card networks like Visa and Mastercard. This "Pay by Bank" solution aimed to reduce transaction costs for businesses and enhance security for consumers. Despite its innovative approach, the company announced its closure in early 2023 and has since ceased all operations.

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Roqqett

United Kingdom

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.