Company Information

Get to know Mileslife

Mileslife was a fintech and loyalty program aggregator founded in 2015. The company operated a mobile payment app that enabled users to pay for lifestyle expenses, such as dining, activities, and retail purchases, directly through the app. Its primary value proposition was allowing users to earn frequent flyer miles across a wide range of airline loyalty programs for this spending, bypassing the need for a co-branded credit card. The company operated primarily in China and Singapore before ceasing its operations in early 2020 due to business challenges.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Mileslife

Singapore

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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Regulated

Recommended

(73 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.