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Xpence

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United Arab Emirates

Founded in

2017 (8 Years)

Founded

Last online: No recent activity


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0.00

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Traffic & Engagement

1.67

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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 Xpence

    Xpence is the next generation smart business spend platform for MENAP businesses. Xpence empowers businesses with physical and virtual Visa payment cards to effortlessly manage their daily expenses. Xpence empowers businesses to take control of their spending. Employers can instantly issue physical and virtual prepaid Visa cards to their employees. They can set spending limits and rules for each card and track all company spending in real-time. Each time an employee uses their card, they're immediately reminded to capture the receipt by push notification. This means that with Xpence, companies can finally stop wasting time doing expense reports.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service

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