Company Information

Get to know RAYL Innovations Inc.

RAYL Innovations Inc. is a publicly traded Canadian fintech company focused on empowering small and medium-sized businesses (SMBs) with a unified financial services platform. Their core product, the RAYL.App, is designed to simplify business operations by combining payment processing, business banking accounts, administrative tools, and a proprietary loyalty and rewards system into a single, integrated solution. The company's mission is to provide SMBs with access to affordable, enterprise-grade financial tools that were previously only available to large corporations, thereby helping them to reduce costs, increase revenue, and enhance customer engagement.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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RAYL Innovations Inc.

Canada

Founded in

2020 (6 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.