Company Information

Get to know PAYPOOL

Founded in 2008, Paypool provides a cloud-based platform designed to streamline and automate supplier invoice and payment processes for businesses. The company's mission is to help organizations save time and money by improving the efficiency, security, and visibility of their accounts payable function. Their services include invoice data capture, approval workflow management, and secure batch payment processing directly from their platform. In 2022, Paypool was acquired by the Australian-based Access Group, expanding its resources and market reach.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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PAYPOOL

Switzerland

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.