Company Information

Get to know up.p

Launched in 2018, Up is a digital banking brand targeting a new generation of customers in Australia. It was initially formed as a collaboration between the technology company Ferocia Pty Ltd and Bendigo and Adelaide Bank Limited, a licensed Authorised Deposit-taking Institution (ADI). Up provides a full suite of personal banking services, including transaction and savings accounts, through a feature-rich mobile app known for its user-friendly design and powerful budgeting tools. In 2021, Bendigo and Adelaide Bank acquired Ferocia, fully integrating the Up brand and its technology development team into the bank's structure.

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Financial BankingPRIMARY
Financial Other Service

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up.p

Brazil

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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Markets.com

(327 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.