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Company Information

Get to know Payzello

Payzello is a financial technology company based in India that operates as a neo-bank. Its mission is to provide a seamless and intelligent banking experience by consolidating various financial activities into a single platform. The company offers a "Smart Card" that can function as both a credit and debit card, alongside a mobile app that facilitates UPI payments, expense tracking, budget management, and bill payments. By targeting the digitally-native younger generation, Payzello aims to replace traditional banking with a more intuitive, transparent, and user-centric financial solution.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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Payzello

India

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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Traffic & Engagement

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Regulated

TrustFinance

(968 reviews)

Singapore

2020

(5 years)

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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.