Company Information

Get to know Comun

Comun is a financial technology company that offers accessible and multilingual digital banking services tailored to the needs of the Latino community in the U.S. The company's mission is to eliminate the financial barriers faced by immigrants by providing a bank account that can be opened without a Social Security Number, using an ITIN or other forms of identification. Their services, delivered through a mobile app, include a checking account, a Visa debit card, direct deposit, and international money transfers. Comun is not a bank itself; its banking services are provided by Community Federal Savings Bank (CFSB), Member FDIC.

Industry

Financial BankingPRIMARY
Financial Other Service

Contact

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Comun

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.