Company Information

Get to know Butter

Founded in 2020, Butter positions itself as the UK's first responsible Buy Now Pay Later (BNPL) provider. The company started with a focus on the travel sector, allowing customers to book flights and holidays and pay in installments, but has since expanded into a full shopping app for general retail. Its mission is to offer a more transparent and ethical way for consumers to manage large purchases without resorting to credit cards or loans with compounding interest. Butter is fully regulated by the Financial Conduct Authority (FCA), emphasizing affordability checks and responsible lending in its business model.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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Butter

United States

Founded in

Jan 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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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.