Company Information

Get to know Clanq AG

Clanq AG is a Swiss financial technology company founded with the mission to make personal finance a collaborative activity. The company provides a mobile application that combines banking and social features, allowing users to manage their money, send and receive payments, and share finances with family and friends through shared accounts called "Jars." Each user receives a Swiss IBAN and a debit Mastercard, with banking services provided in partnership with Hypothekarbank Lenzburg AG. Clanq aims to simplify everyday financial tasks like budgeting and splitting bills in a social context.

Industry

Financial Electronic PaymentPRIMARY
Financial Insurance
Financial Other Service

Contact

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Clanq AG

Switzerland

Founded in

14 Apr 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 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.