Company Information

Get to know Down to Shop

Down to Shop was a venture-backed startup founded by former Facebook employees, launching in 2021. Its mobile application aimed to replicate the social experience of in-person shopping by allowing users to co-browse e-commerce sites with friends via integrated video chat. The platform, often compared to a modern-day QVC, enabled real-time interaction and shared shopping sessions. Despite initial funding and media attention, the company ceased operations in October 2021.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Down to Shop

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 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.