Company Information

Get to know Claro Money

Founded in 2018, Claro Money was a financial well-being platform with a mission to democratize financial advice and help individuals build long-term wealth. The company offered a mobile application that combined personalized financial coaching from qualified professionals with a digital investment platform, allowing users to invest in a range of diversified funds. As an FCA-regulated firm, it targeted millennials and younger investors in the UK seeking accessible financial guidance and investment tools. The company shut down its operations and went into liquidation in March 2023.

Industry

Financial Wealth ManagementPRIMARY
Financial Other Service
Technology Software Trading Platform

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Claro Money

United Kingdom

Founded in

15 8月 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

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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.