Company Information

Get to know Spin Mobile

Founded in 2017, Spin is a shared electric micromobility company dedicated to creating a world with clean air, livable cities, and safe streets. Spin operates electric bikes and scooters on public streets and campuses in North America and Europe. The service is accessed through a mobile app that allows users to find, unlock, and pay for their rides. Originally an independent startup, it was acquired by Ford Motor Company in 2018, then by TIER Mobility in 2022. In 2024, TIER Mobility, including the Spin brand, was acquired by Lime.

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Technology Software DevelopmentPRIMARY
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Spin Mobile

Kenya

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 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.