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Cyprus
2014 (12 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 ITS INTERACTIVE TRUST SERVICES CYPRUS LTD
Company Information
Get to know ITS INTERACTIVE TRUST SERVICES CYPRUS LTD
ITS INTERACTIVE TRUST SERVICES CYPRUS LTD (Registration No. HE346575) was incorporated in Cyprus in 2015. The company's primary business was operating the financial services brand "Upaycard," which provided e-wallet solutions, prepaid card services, and payment processing for individuals and online merchants globally. It operated as an E-Money Distributor (EMD) agent for Moorwand Ltd, which was authorised by the UK's Financial Conduct Authority (FCA). However, in late 2020, Upaycard announced the termination of its services, and the company's status as an agent on the FCA register ended on January 1, 2021. While the corporate entity remains active on the Cyprus company register, its main service offering is no longer operational.
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