Company Information

Get to know swap.ng

Swap is a fintech product developed by Flutterwave, one of Africa's largest payment technology companies. It was created to address the common issue where Nigerian Naira-denominated bank cards are declined on international websites and platforms. The service allows users in Nigeria to instantly swap their local currency (Naira) for US Dollars, which are then loaded onto a virtual Visa or Mastercard. This virtual card can be used for online subscriptions, shopping on global e-commerce sites, and other international digital payments. The mission is to bridge the gap in cross-border payments for Nigerian consumers, providing a reliable and accessible solution.

Industry

Financial Electronic PaymentPRIMARY
Crypto Cryptocurrency
Financial Other Service

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swap.ng

Nigeria

Founded in

04 फ़र. 2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

39/90

1 review

Provided by TrustFinance

OVERALL SCORE

Others

--/10

Reviews

39/90

1 review

Provided by TrustFinance

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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.

Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.