Company Information

Get to know Tootle

Founded in 2014 and launched in 2015, Tootle was a UK-based online marketplace designed to disrupt the used car selling process. Its mission was to provide a transparent and efficient way for private individuals to sell their cars directly to a nationwide network of hundreds of car dealers. Sellers would list their car on the platform, and dealers would bid on it, with Tootle facilitating the process to ensure the seller received the best possible offer. Despite raising several rounds of funding, the company faced financial difficulties and went into administration in late 2019 before its brand and assets were acquired by Cazoo in early 2020.

Industry

Financial Other ServicePRIMARY
Technology Software Trading Platform

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Tootle

United Kingdom

Founded in

2015 (11 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.

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.