Company Information

Get to know Vybe

Founded in 2019, Vybe aimed to address the teen banking market in France by offering a Mastercard payment card and a dedicated mobile app. The service was designed for individuals aged 13-17, with a parallel app for parents to manage, monitor, and top up the account. The company's mission was to promote financial literacy and independence among young people in a secure and controlled environment. Despite raising significant funding and acquiring a user base, the company faced financial difficulties and was placed into compulsory liquidation in late 2022, ceasing its operations.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Vybe

France

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

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.