Company Information

Get to know Muvin

Muvin is a financial technology company based in India, operating as a neobank specifically targeting the youth segment (teenagers and young adults). Its mission is to promote financial literacy and empower young users by providing them with practical tools to manage their money. The platform offers a digital wallet and a co-branded RuPay prepaid card, allowing users to make online and offline payments, track their spending, and set savings goals. Originally founded as FinOne Technologies Pvt Ltd, Muvin was acquired by the digital lending platform Fibe (formerly EarlySalary) in early 2024 to enhance its teen-focused fintech offerings.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Wealth Management

Contact

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Muvin

India

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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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.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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.