Company Information

Get to know PraPagar

Founded in 2020, PraPagar is a financial technology company focused on simplifying payments in Brazil. Its core service allows users to pay "boletos" (a popular Brazilian invoicing method), utility bills, and other invoices using their credit card, enabling them to split payments into installments. The platform aims to provide greater financial flexibility and control for its users, centralizing bill management and offering alternative payment solutions beyond traditional bank transfers or cash. PraPagar serves both individual consumers looking to manage personal expenses and businesses seeking more efficient ways to handle their accounts payable.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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PraPagar

Brazil

Founded in

2021 (5 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)

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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.