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Pynk

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United Kingdom

Founded in

May 2018 (7 Years)

Founded

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0.00

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2.67

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Security Information

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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.

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    Company Information

    Get to know Pynk

    Pynk uses Artificial Intelligence to find the Wisdom IN Crowds™, making better investment decisions for all. Our Crowd, across more than 185 countries, make predictions and forecasts on financial assets. We aggregate the data and use machine learning to read the markets. It’s this ‘Crowd Wisdom’ system that powers our wealth management platform. The team is led by serial entrepreneurs Seth Ward, Rupert Barksfield and Mark Little who each have a proven commercial track record, and successful exits from other businesses. The company was formed in 2018 after the founders met and graduated from the Silicon Valley led Founders Institute programme. They are now supported by RBS and Natwest banks in the UK and 360 Labs. Having raised $2m in pre-seed and seed rounds, Pynk's next raise will open up Q1 2021.

    Industry

    • Financial Other ServicePRIMARY
    • Financial Wealth Management
    • Technology Software Development

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