Company Information

Get to know Snapcard

Founded in 2013 and based in San Francisco, Snapcard was a financial technology company focused on making Bitcoin and other digital currencies more accessible for everyday use. The company's platform provided several services, including a digital wallet for storing and managing cryptocurrencies, an exchange service for buying and selling Bitcoin, and a payment gateway ("Snapcard Pay") for merchants to accept digital currency payments online and in-store. After participating in the Y Combinator accelerator program and raising venture capital, Snapcard was acquired by the UK-based crypto-payment company Wirex in February 2016, and its services were subsequently integrated or phased out.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Snapcard

United States

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.