Company Information

Get to know SwitchX

SwitchX Ltd is a financial technology company focused on simplifying global commerce for businesses. Its core mission is to provide a seamless, secure, and cost-effective platform for managing international payments and foreign exchange. The company offers services including cross-border payments to over 180 countries, multi-currency accounts with dedicated IBANs, and competitive FX rates. By leveraging its technology and API integrations, SwitchX aims to remove the complexity and high costs typically associated with traditional international banking for its corporate clients.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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SwitchX

South Africa

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.