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Singapore
01 Nov 2011 (14 Years)
Last online: No recent activity
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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.
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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.
Get to know eNett
Company Information
Get to know eNett
Founded as a joint venture with Travelport as the majority owner, eNett became a leader in the travel payments space. The company's core offering was its Virtual Account Number (VAN) technology, which allowed travel agencies and tour operators to generate unique, single-use Mastercard numbers to pay suppliers like hotels and airlines securely. This process simplified payment reconciliation, reduced fraud, and improved cash flow for its clients. In December 2020, WEX Inc., a leading financial technology service provider, completed its acquisition of eNett and Optal. The eNett brand and its technology have since been fully integrated into the WEX Travel payments platform.
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