Company Information

Get to know thomas cook money

Originally the financial services division of the historic Thomas Cook Group, "Thomas Cook Money" ceased operations when the parent company collapsed in September 2019. The Thomas Cook brand was subsequently purchased by Fosun Tourism Group and relaunched as a modern, online-only travel agency. The "Thomas Cook Money" name has been revived for its travel money card service. This service is a branded partnership; the Thomas Cook Prepaid Travel Card is issued and managed by PrePay Technologies Limited, an FCA-authorised e-money institution, on behalf of Thomas Cook. The service focuses on offering a secure and convenient way for UK travellers to manage their spending money in multiple currencies.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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thomas cook money

United Kingdom

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.