Company Information

Get to know iNovaBank do Brasil

iNovaBank is a 100% digital bank in Brazil that provides financial services with a focus on technology and ease of use, eliminating the bureaucracy of traditional banking. It operates as a product of INOVA SOLUCOES DE PAGAMENTO LTDA, a payment institution authorized by the Central Bank of Brazil to issue electronic money. The company offers a range of services including free digital accounts for individuals (Pessoa Física) and businesses (Pessoa Jurídica), credit and debit cards, bill payments, and transfers via Pix and TED.

Industry

Financial BankingPRIMARY
Financial Other Service

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iNovaBank do Brasil

Brazil

Founded in

2018 (8 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 :

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.