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Cyprus
2020 (6 Years)
Last online: No recent activity
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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.
Get to know Zing
Company Information
Get to know Zing
Zing is a fintech venture launched by the global banking group HSBC in early 2024. Positioned as a competitor to services like Wise and Revolut, Zing is an international payments app available to non-HSBC customers. The service aims to provide a transparent and low-cost solution for managing money in multiple currencies. Its core features include a multi-currency wallet that can hold up to 10 different currencies, the ability to send money internationally to over 30 countries, and a multi-currency debit card for spending abroad with competitive exchange rates. Zing is operated by MP Payments UK Limited, an authorized Electronic Money Institution regulated by the FCA.
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