Company Information

Get to know My Money Bank

My Money Bank is a French financial institution that emerged from the acquisition of GE Money Bank by Cerberus Capital Management in 2017. Positioned as an independent digital bank, its mission is to provide simple and tailored financing solutions to French consumers. The company's core business revolves around consumer credit, particularly debt consolidation (rachat de crédits), personal loans, and revolving credit. It also offers savings accounts. My Money Bank leverages digital technology to streamline processes and enhance the customer experience, aiming to be a key player in the French consumer finance market.

Industry

Financial BankingPRIMARY
Financial Other Service

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My Money Bank

France

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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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.