Company Information

Get to know Kamel Pay

Kamel Pay is a Financial Technology (FinTech) company headquartered in Dubai, UAE. Regulated by the Central Bank of the UAE, its mission is to simplify financial services for businesses and individuals, particularly the unbanked and underbanked population. The company's core offerings include a WPS (Wage Protection System) compliant digital payroll solution for corporations, a digital wallet app for employees to receive salaries and manage funds, and international remittance services. By integrating these services, Kamel Pay aims to provide a seamless and inclusive financial ecosystem.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Kamel Pay

United Arab Emirates

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 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.