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Paybook
United States
25 May 2011 (14 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 Paybook
Company Information
Get to know Paybook
Paybook, Inc. is an innovative fintech company dedicated to building financial inclusion, increasing efficiency in traditional finance, and unlocking the power of digital technologies like cryptocurrencies. Our suite of products brings transparency and automation to all sectors of Latin America’s financial markets. We are proud to power the open finance revolution. In WWI, British soldiers carried a “pay book” to record their salary payments and as identification. Paybook channeled this concept into an innovative and patented finance management app in 2011. Since then, we’ve built many more exciting modern finance products. Syncfy, our financial API product, helps customers reduce costs and increase efficiency by giving them access to financial data like transactions and account details directly from sources like banks, credit cards, tax authorities, and digital wallets. By connecting to one API, Syncfy customers can also integrate payments and invoice stamping services, saving them the hassle of working with many different contractors and juggling multiple technical solutions. Nothing is more important to donors than understanding how nonprofits are spending their money. Glass, Paybook’s open accounting product, enables nonprofits and charities to publish their finances to the world to boost trust and transparency. Nonprofit organizations can accept donations in fiat and crypto currencies with the Glass widget. Finances, our personal finance app, allows our users to link all of their financial information in one place. By pulling together data from bank accounts, credit cards, payment apps, utilities, and digital wallets, users can get a complete picture of their financial situation, plan for savings, pay down debt, and even apply for credit. Our mission is to bring the power of open finance to underserved communities. If you want to help us build the future of finance, we can’t wait to hear from you!
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