Company Information

Get to know GroupPay Inc.

GroupPay Inc. is a financial technology company that aims to simplify group payments. The service allows a user to initiate a purchase and split the total cost among multiple people, who then pay their individual shares directly to the merchant. This process eliminates the common issue of one person fronting the money and then having to collect reimbursements. The service is designed to work anywhere Mastercard is accepted, positioning itself as a flexible payment solution for shared expenses.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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GroupPay Inc.

Canada

Founded in

17 Nov 2017 (8 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

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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.