Company Information

Get to know Ruuky

Ruuky, operated by The Mobile Bank GmbH, was a Hamburg-based fintech startup aiming to be the first digital bank account for young people in Europe. Initially founded as "pockid" in 2020, it rebranded to Ruuky in 2022. The service provided a user-friendly mobile app, a virtual and physical Mastercard debit card, and features that allowed parents to manage and top up their children's accounts, promoting financial literacy from a young age. Despite raising seed funding, the company was unable to secure further investment and filed for insolvency in late 2022, ultimately shutting down its services for all customers on March 31, 2023.

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Financial BankingPRIMARY
Financial Other Service

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Ruuky

Germany

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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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.

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.