Company Information

Get to know UniZest

UniZest was a UK-based financial technology company focused on simplifying the financial transition for international students moving to the United Kingdom. Its primary service was an e-money account, complete with a UK sort code, account number, and a contactless Mastercard debit card, which students could apply for from their home country before their arrival. The company's mission was to eliminate the initial financial hurdles faced by students, allowing them to have a functional UK account ready upon landing. However, UniZest officially announced its closure and ceased all operations on May 31, 2024.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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UniZest

United Kingdom

Founded in

Sep 2015 (10 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.