Company Information

Get to know cringle gmbh

Founded in 2014 and based in Berlin, Cringle GmbH developed a mobile payment solution to simplify money transfers for users in Europe. Its primary service was a smartphone app that allowed users to send money to any mobile phone contact, even if the recipient had not installed the app, using their existing bank account. The service operated under the license of a partner bank, Deutsche Kontor Privatbank AG. Alongside its consumer-facing P2P app, Cringle also developed white-label payment solutions for banking partners before ultimately ceasing its operations in late 2018.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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cringle gmbh

Germany

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

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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.