Company Information

Get to know X5 Tech

X5 Tech is the dedicated IT company of X5 Group, a leading Russian food retailer operating chains like Pyaterochka and Perekrestok. Established to drive the digital transformation of the parent company, X5 Tech focuses on developing and implementing a wide range of technological solutions to optimize retail operations. This includes big data processing, artificial intelligence, video analytics, mobile application development, and creating high-load systems to support the vast scale of X5's business, which serves millions of customers daily. Their mission is to leverage technology to enhance customer experience, improve business efficiency, and innovate within the retail sector.

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Technology Software DevelopmentPRIMARY
Financial Other Service

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X5 Tech

United States

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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BridgerPay

(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.