Company Information

Get to know Sprout Financial

Sprout Financial, formerly known as Passfolio, is a financial technology company with a mission to empower Latin American individuals by providing simple and accessible tools to invest in the US financial markets. The platform allows users to buy and sell over 4,000 US stocks, ETFs, and REITs, often with fractional shares, directly from their home countries. Sproutfi is operated by Passfolio Financial LLC, which is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), offering a layer of regulatory oversight and protection for its clients' assets. The company emphasizes a social-first approach to investing, aiming to build a community of investors in the region.

Industry

Stock BrokerPRIMARY
Financial Other Service

Contact

Social

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Sprout Financial

United States

Founded in

01 Mar 2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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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.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.