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United Arab Emirates
27 Apr 2018 (8 Years)
Last online: No recent activity
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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.
Get to know Hubpay
Company Information
Get to know Hubpay
Founded in 2020, Hubpay is a financial technology company headquartered in Abu Dhabi. Its mission is to improve financial inclusion and accessibility by offering a fully digital money services platform. Hubpay provides a digital wallet for individuals to make international remittances at low costs and competitive exchange rates, as well as pay local bills. The company also offers business accounts with services like multi-currency wallets, corporate cards, and payment solutions tailored for SMEs. Hubpay is regulated by both the ADGM Financial Services Regulatory Authority and the Central Bank of the UAE, positioning it as a key player in the region's fintech ecosystem.
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