Company Information

Get to know NOW Money

NOW Money is a UAE-based FinTech company focused on promoting financial inclusion. Its mission is to provide access to essential financial services for low-income and unbanked migrant workers who are often excluded from the traditional banking system. By partnering with employers, NOW Money offers its users a free mobile banking app, a Mastercard debit card for purchases and ATM withdrawals, and low-cost, secure international money transfer services, enabling them to manage their finances and support their families back home.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

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NOW Money

United Arab Emirates

Founded in

5월 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

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Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.