Company Information

Get to know Symphoni (Acquired by Remitly)

Founded in 2019 in Israel, Symphoni developed a sophisticated platform designed to streamline and manage B2B cross-border payments. The company's technology offered businesses a robust and efficient way to conduct international transactions. In November 2021, Remitly Global, Inc. acquired Symphoni to leverage its technology and team to expand and improve Remitly's own payment network, particularly for its business-focused services. Since the acquisition, the Symphoni brand has been absorbed, and its platform and employees have been fully integrated into Remitly's operations.

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Symphoni (Acquired by Remitly)

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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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.