Company Information

Get to know timepay

Time Pay Co., Ltd. operates a community-based economic platform in South Korea focused on the concept of a "Time Bank". The company's mission is to create a social economy where individuals can exchange their time, skills, and volunteer work as a form of local currency, called 'Time Pay'. This system facilitates a barter-like economy within communities, allowing members to 'deposit' time by helping others and 'withdraw' it by receiving services, thereby fostering mutual aid and revitalizing local economies. The platform aims to build a society where the value of an individual's time and talent is recognized and circulated.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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timepay

Australia

Founded in

2021 (5 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

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.