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PayUp
United Kingdom
01 Oct 2021 (4 Years)
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What are the differences in regulations for each
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.
Company Information
Get to know PayUp
Company Information
Get to know PayUp
Waiting until the end of the month to get paid is a thing of the past. PayUp gives you access to the money you're working hard for as you earn it, putting you back in control of your money. The monthly pay check simply isn’t working for millions of people across the UK. No control of your earnings and poor spending habits on payday both lead to high interest credit cards or dipping into overdrafts just to make ends meet. What if we could break this monthly cycle and give the power back to the employee through instant access to their earnings? This is what PayUp hopes to achieve.
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