Company Information

Get to know Monkey

Monkey was a social networking app launched in 2016 by creators Ben Pasternak and Isaiah Turner. It gained significant popularity among teenagers by connecting them with random users for short video chats, similar to a modern-day Chatroulette. The company's mission was to facilitate new friendships and combat loneliness in a digital-native generation. After receiving venture capital funding, Monkey was acquired by the competing social app Holla, which was later acquired by Match Group. Due to persistent and severe issues with user safety, including the exposure of minors to explicit content and predatory behavior, the app was removed from the Apple App Store and Google Play Store and has since ceased operations.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Monkey

Brazil

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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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.