Company Information

Get to know Ffrees Family Finance

Ffrees Family Finance Ltd was a UK financial technology company founded to offer a digital alternative to traditional high-street banking. Its primary service was an e-money account combined with a prepaid Mastercard, specifically targeting families and individuals looking for better tools to manage their money. The platform featured "jam-jar" accounting, allowing users to automatically segregate funds into different virtual pots for bills, savings, and spending. The company later operated its service under the brand name "U Account". Operations were ultimately halted following the collapse of its payment and e-money license provider, Wirecard Card Solutions Ltd, leading to the service's closure and the company's subsequent dissolution in 2021.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

Social

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Ffrees Family Finance

United Kingdom

Founded in

01 Aug 2012 (13 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Others

--/10

Reviews

--/90

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

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.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

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.