Company Information

Get to know hoolah

Founded in Singapore in 2018, hoolah was a financial technology company that provided 'Buy Now, Pay Later' (BNPL) services across Southeast Asia. Its platform enabled consumers to purchase items and pay for them in three monthly, interest-free installments, both online and in-store. The company's mission was to help consumers afford what they need responsibly, while also helping merchants increase conversion rates and basket sizes. In 2021, hoolah was acquired by the rewards and discovery platform ShopBack. However, in a strategic shift to focus on its core cashback services, ShopBack discontinued all of hoolah's BNPL operations on June 27, 2023.

Industry

Financial PaymentPRIMARY
Financial Other Service

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hoolah

Singapore

Founded in

01 Feb 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.