Company Information

Get to know Backup Cash

Backup Cash, a trading name of APFIN LTD, operates as a credit broker in the United Kingdom. The company's mission is to provide a fast, simple, and secure online service for individuals needing access to short-term loans, typically ranging from £100 to £2,000. Instead of lending money directly, Backup Cash utilizes a single application to search its network of Financial Conduct Authority (FCA) authorised lenders to find a suitable loan match for the applicant, streamlining the process of finding emergency funds. The service is free for the consumer, as the company earns a commission from the lender if a loan is successfully taken out.

Industry

Financial Other ServicePRIMARY
Financial Electronic Payment
Forex Retail Broker

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Backup Cash

Nigeria

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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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.

Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.