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Qpal
United Kingdom
06 Jan 2016 (9 Years)
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Security Information
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 Qpal
Company Information
Get to know Qpal
Consumers that are financially vulnerable, overstretched but aspire for better have a need to better manage their finances. At Qpal we believe strengthening financial health and wellbeing can be achieved through an automated digital assistant. We're going to make managing money that little bit easier with our Open Banking powered tool, launching in 2021. Founded in 2016, Qpal has previously designed, developed and deployed mobile payment, merchant acceptance and AI-driven analytics solutions internationally.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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