Company Information

Get to know Purewrist

Purewrist, Inc., founded in 2014, is a financial technology company that bridges the gap between fashion and finance. The company provides wearable devices, such as bracelets and watch straps, embedded with a secure payment chip linked to a prepaid Mastercard account. Its mission is to make transactions seamless, secure, and stylish, allowing users to make contactless payments without needing a phone or wallet. The Purewrist prepaid account and associated card are issued by Sutton Bank, Member FDIC, ensuring a regulated and secure payment experience for its users.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Purewrist

United States

Founded in

2013 (13 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

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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.