Company Information

Get to know picpay

Founded in 2012, PicPay is a pioneering Brazilian fintech company that began by popularizing QR code payments. It has since evolved into a comprehensive "super-app" that serves as a financial marketplace for millions of users. The platform integrates a digital wallet with a wide array of services including peer-to-peer transfers, bill payments, credit cards, personal loans, investments, insurance, a cryptocurrency exchange, and a marketplace (PicPay Store) for goods and services. PicPay's mission is to simplify the relationship people have with money, making financial transactions easier, more accessible, and more transparent.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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picpay

Brazil

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.