Company Information

Get to know Trnsact

Founded in 2017, Trnsact, Inc. is a financial technology company that has developed a digital Finance & Insurance (F&I) platform. The company's mission is to modernize and streamline the traditionally complex and paper-intensive process of asset financing. Its platform serves as a centralized hub connecting dealers (e.g., in the RV, Marine, and Powersports sectors), lenders, and consumers to facilitate faster credit applications, approvals, and loan finalization. By digitizing the entire workflow, Trnsact aims to create a more efficient, transparent, and user-friendly experience for all parties involved in the financing lifecycle.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Trnsact

United States

Founded in

2018 (8 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.