Company Information

Get to know GrouPay

GrouPay GmbH is a German financial technology company that offers a specialized service to simplify the process of collecting money for group activities, shared gifts, or events. Founded to solve the common challenge of chasing payments from multiple individuals, the platform allows an organizer to create a payment link, share it with participants, and track all incoming payments in one place. As a payment institution regulated by Germany's Federal Financial Supervisory Authority (BaFin), GrouPay provides a secure and efficient way to manage group finances, targeting event organizers, clubs, and individuals planning group trips or purchases.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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GrouPay

France

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

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.