Company Information

Get to know HANPASS

Founded in 2017 in Seoul, South Korea, HANPASS Inc. operates as a financial technology company dedicated to creating a "borderless financial platform." Its core business is providing a mobile-first cross-border remittance service, primarily targeting foreign workers and residents in South Korea and other countries. The company has since expanded its offerings to include a mobile wallet (Hanpass Pay Wallet), domestic transfers, and utility bill payments. HANPASS leverages technology to offer lower fees and faster transfer times compared to traditional banking services, with a strong focus on serving markets across Asia.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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HANPASS

South Korea

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.