Company Information

Get to know PayMasta

PayMasta is a financial wellness platform focused on the African market. Its core mission is to eliminate the financial stress associated with traditional monthly pay cycles by allowing employees to access a portion of their earned wages on-demand. The company provides a comprehensive HR and payroll software solution to employers, which integrates the Earned Wage Access feature, helping businesses improve employee productivity, engagement, and retention without impacting their cash flow.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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PayMasta

United Kingdom

Founded in

04 Ogs 2021 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.