Company Information

Get to know Xendpay

Xendpay is a global money transfer platform established with the social mission of reducing the cost of international remittances. It was founded by Indian entrepreneur Rajesh Agrawal and is part of the Rational Group of companies. Xendpay is known for its "Pay What You Want" fee model for transfers up to a certain limit, allowing users to choose the amount they pay for the service, promoting fairness and transparency in an industry often characterized by high hidden fees. The service enables individuals and businesses to send money to over 200 countries in various currencies, focusing on providing competitive exchange rates and a secure, user-friendly digital experience.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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Xendpay

United Kingdom

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.