Company Information

Get to know RapidWage

RapidWage is a financial technology product offered by its parent company, Rapid, Inc. The service, often referred to as Earned Wage Access (EWA), integrates with an employer's existing payroll and timekeeping systems. Its primary mission is to promote employee financial wellness by providing workers with the flexibility to access their accrued earnings on-demand, thereby reducing financial stress and the need for high-interest loans. For employers, the platform is positioned as a benefit that can improve employee recruitment, retention, and overall productivity.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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RapidWage

Portugal

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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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.