Company Information

Get to know BX Blue, uma empresa PicPay

Founded in 2017, BX Blue operates as a fintech platform and a "correspondente bancário" (banking correspondent) in Brazil, authorized by the Central Bank. Its mission is to bring transparency and efficiency to the secured credit market by providing a 100% online platform where users can simulate, compare, and contract payroll-deducted loans with competitive interest rates. In early 2022, the company was acquired by PicPay, a major Brazilian payments and financial services company, to strengthen PicPay's credit ecosystem and expand its marketplace offerings.

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BX Blue, uma empresa PicPay

Brazil

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.