Company Information

Get to know Vortex Engineering

Founded in 2008 with incubation support from IIT Madras, Vortex Engineering Private Limited focuses on creating cost-effective and low-power-consuming ATMs tailored for rural and semi-urban areas. The company's mission is to drive financial inclusion by making banking services accessible and affordable through its innovative hardware and software solutions. Vortex has become a leading provider of self-service technology in India and has expanded its presence to other parts of Asia and Africa, offering a range of products from cash dispensers to multi-function ATMs.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Technology Software Development

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Vortex Engineering

India

Founded in

Th03 2001 (25 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

(9 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.