Company Information

Get to know Trust Axiata Digital

Trust Axiata Digital Limited is a joint venture company formed by Trust Bank Limited of Bangladesh and Axiata Digital Services Sdn Bhd of Malaysia. Launched in 2021, the company operates the mobile financial service brand "tap" under license from the Bangladesh Bank. Its mission is to promote financial inclusion and cashless transactions in Bangladesh by providing secure, fast, and convenient digital financial solutions through its mobile application, enabling services like cash-in/out, person-to-person transfers, merchant payments, and utility bill payments.

Industry

Financial Electronic PaymentPRIMARY
Financial Insurance
Financial Other Service

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Trust Axiata Digital

Bangladesh

Founded in

29 5月 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.