Company Information

Get to know FetanPays

FetanPays is a fintech company based in Ethiopia, licensed by the National Bank of Ethiopia as a Payment Instrument Issuer. The company's mission is to simplify financial transactions and promote a cashless society by providing a secure and convenient digital payment platform. Its services include a mobile wallet for sending and receiving money, mobile airtime top-ups, utility bill payments (e.g., electricity, water, traffic penalties), and QR code-based payments for merchants. FetanPays aims to serve both individual consumers and businesses, facilitating seamless digital transactions across the country.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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FetanPays

United Kingdom

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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.