Company Information

Get to know Xodus (Techstars portfolio company)

Xodus was a financial technology startup that participated in the 2015 Techstars London accelerator program. The company's mission was to build the first mobile-only bank exclusively for startups, aiming to solve the common banking challenges faced by new businesses, such as difficult account opening processes and a lack of tailored services. By focusing on a streamlined, mobile-first experience, Xodus intended to provide business current accounts and financial management tools for the tech ecosystem. Despite its promising concept, the company ceased operations around 2016.

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Financial BankingPRIMARY
Financial Other Service

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Xodus (Techstars portfolio company)

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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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.