Company Information

Get to know auka

Founded in 2010, Auka was a Norwegian fintech company that became the first to develop mobile payment technology in Scandinavia and launch a mobile payment solution in Norway (mCASH). After selling mCASH, the company focused on providing a powerful, white-label, cloud-based mobile payments platform (the Auka Platform) to financial institutions worldwide, enabling them to launch their own mobile wallet services. In 2018, Auka's technology and business were spun out and rebranded as Settle, which continues the mission of simplifying digital payments and commerce across Europe.

Industry

Technology White Label PlatformPRIMARY
Financial Other Service

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auka

Norway

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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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.