Company Information

Get to know Zero (Acquired)

Founded in 2016, Zero Financial, Inc. aimed to bridge the gap between the simplicity of a debit card and the rewards of a credit card. The company's flagship products were the Zerocard, a credit card that automatically deducted purchases from a linked Zero Checking account, and the Zero Checking account itself, an FDIC-insured account provided through a partnership with WebBank. This model allowed customers to earn cash back rewards without the risk of accumulating credit card debt. In April 2021, Zero was acquired by the digital lending platform Avant, and all Zero products and services were subsequently discontinued.

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Financial BankingPRIMARY
Financial Other Service

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Zero (Acquired)

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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Security Information

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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.