Company Information

Get to know PayTile

PayTile, Inc. is a financial technology company that has developed a patented platform for location-based monetary transfers. Its core service, "GeoCasting," enables users to "drop" digital cash at a specific geographic location for other users to pick up via their mobile app. The platform serves both peer-to-peer (P2P) payments and business-to-consumer (B2C) applications, allowing businesses to use it for hyper-local marketing campaigns, promotions, and customer rewards. The company's mission is to create a new standard for how payments and marketing intersect with the physical world.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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PayTile

United States

Founded in

2020 (6 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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This company is currently Unproved.

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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.