Company Information

Get to know Mercari Pty Ltd

Mercari Pty Ltd was the Australian arm of Mercari, Inc., a major Japanese technology company founded in 2013. The company operated a popular peer-to-peer mobile marketplace app that allowed users to easily buy and sell a wide variety of new and used items, from fashion to electronics. The platform's mission was to create a global marketplace where anyone could buy and sell. However, after launching in Australia, the company announced its decision to cease operations in the country, with the service officially shutting down in March 2022 to focus resources on other markets.

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Mercari Pty Ltd

Australia

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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Cyprus

2017

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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.