Company Information

Get to know FitBank 450

FitBank 450 is a Brazilian fintech founded to democratize access to financial services for other companies. It operates a comprehensive Banking as a Service (BaaS) platform, offering a full suite of financial infrastructure products through APIs. This allows clients, such as fintechs, ERPs, and large enterprises, to build and offer their own payment and banking solutions without needing to develop the core technology from scratch. FitBank is a Payment Institution regulated by the Central Bank of Brazil (BACEN), and the "450" in its name refers to its official clearing system identification code within the Brazilian Payment System (SPB).

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FitBank 450

Brazil

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.