Company Information

Get to know VitraCash

Launched in 2021, VitraCash was a UK-based financial technology company that aimed to simplify personal finance by consolidating a user's entire wallet into one smart debit card and mobile application. Its mission was to provide a seamless payment experience, allowing users to select which of their underlying cards to charge at the point of sale, earn cashback rewards, and get a consolidated view of their spending. The company ceased operations in late 2022 after collapsing into administration.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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VitraCash

United Kingdom

Founded in

03 Sep 2020 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

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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.