Company Information

Get to know Yolt

Originally launched in 2017 by ING as a popular consumer-facing smart money management app, Yolt grew to several million users. In late 2021, the company announced a strategic pivot to focus exclusively on its B2B open banking technology arm, Yolt Technology Services (YTS). The consumer Yolt app was officially closed in December 2021. Today, Yolt leverages its expertise and technology to provide other businesses with powerful open banking APIs for services like account information aggregation and payment initiation, enabling them to build their own financial products and services.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Yolt

Netherlands

Founded in

2016 (10 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

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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.