Company Information

Get to know OurPass Business Banking

Founded in 2021, OurPass initially launched as a one-click checkout solution for online businesses in Africa. It later expanded its services to include business banking tools for SMEs. However, in a strategic pivot announced in early 2024, OurPass discontinued its checkout and banking services to concentrate all its resources on its Stax product. Stax is a payment platform designed to help African businesses manage local and international payments, allowing them to easily send and receive money from anyone, anywhere.

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Financial PSP GatewayPRIMARY
Financial Other Service

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OurPass Business Banking

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.