Company Information

Get to know Woven Money

Woven Money, Inc. is a fintech company on a mission to bring modern financial tools to couples and partners. Their core product is a mobile banking application that provides shared checking and savings accounts, allowing two individuals to manage joint expenses, track spending, and work towards common financial goals. Woven Money is not a bank itself; its banking services are provided by its partner bank, Blue Ridge Bank, N.A., with deposits being FDIC insured. The company aims to simplify financial collaboration for partners through a user-friendly digital platform.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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Woven Money

United States

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)

Security Information :

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Security Information

Warning

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.