Company Information

Get to know Bits

Bits is a UK-based financial technology service designed to make investing more accessible to beginners. The platform enables users to automatically invest small amounts of money into a portfolio of fractional shares in well-known companies. It operates on a micro-investing model, primarily through a "round-up" feature that invests the spare change from users' daily transactions. Bits is a trading name of Digital Moneybox Limited, which is authorised and regulated by the Financial Conduct Authority (FCA). The company's mission is to help people grow their ownership in the brands they use and love, fostering a habit of regular, passive investing.

Industry

Stock BrokerPRIMARY
Financial Banking
Financial Other Service

Contact

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Bits

Norway

Founded in

01 Jan 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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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.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

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.