Company Information

Get to know InsurePal

Originally launched as InsurePal (IPL), the project aimed to create a decentralized insurance platform based on social proof. In late 2018, the company pivoted and rebranded to INLOCK. The new focus is on providing centralized financial (CeFi) services, primarily operating as a crypto-collateralized lending platform. Users can deposit various cryptocurrencies into the INLOCK platform to earn interest or use them as collateral to take out loans in stablecoins or fiat currency without selling their crypto assets.

Industry

Financial InvestmentPRIMARY
Financial Insurance
Financial Other Service

Contact

Social

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InsurePal

United States

Founded in

31 Aug 2021 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.

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.