Company Information

Get to know MobilePAY

Vipps MobilePay was formed in 2022 through the merger of two major Nordic mobile payment providers: Vipps of Norway and MobilePay, which originated from Danske Bank in Denmark. The company's mission is to simplify payments across the Nordic region, making it easier for people to pay each other (P2P), pay in physical stores, and complete online checkouts. Serving millions of users and hundreds of thousands of merchants in Denmark, Norway, and Finland, Vipps MobilePay aims to create one of the most comprehensive and user-friendly mobile payment wallets in Europe.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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MobilePAY

Nigeria

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.