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Get to know gortek ventures llc / fitpay.io

FitPay, Inc., originally developed by Gortek Ventures LLC, was a B2B financial technology company that provided a platform for device manufacturers to add contactless payment and authentication services to their products. Using near-field communication (NFC) and tokenization technology from partners like Visa and Mastercard, FitPay allowed consumers to make secure, tap-to-pay purchases with wearables like smartwatches and fitness trackers. In 2017, the company was acquired by Garmin Ltd. and its technology and team became the foundation for the Garmin Pay™ contactless payment service.

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gortek ventures llc / fitpay.io

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 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.