Company Information

Get to know ConectCar

ConectCar is a Brazilian electronic payment solutions company, founded as a joint venture between the Ipiranga (Ultrapar group) and Itaú Unibanco. It provides an automatic payment system for mobility services through a small electronic tag affixed to a vehicle's windshield. This tag enables seamless, non-stop payment at toll booths, parking lots, gas stations, drive-thrus, and car washes across Brazil, with charges being debited from a prepaid balance or a linked bank account/credit card.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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ConectCar

Brazil

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.