Company Information

Get to know Seqr

Seqr was a mobile payment and digital wallet service developed by the Swedish company Seamless Distribution AB. Launched in 2012, it enabled users to connect their bank account to the app to facilitate secure payments via QR codes at the point-of-sale, online, and for peer-to-peer transfers. The service aimed to be a lower-cost alternative to traditional credit card payments for both consumers and merchants. After struggling to gain significant market traction, the Seqr business unit was sold to Glase AB in 2018. The new owner subsequently shut down the consumer-facing payment service to pivot towards B2B solutions, effectively ending the Seqr brand as a public payment platform.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Seqr

Sweden

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

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DFSA

Security Information

Warning

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.