Company Information

Get to know ugo mobile solutions l.p.

UGO Mobile Solutions L.P. operated UGO Wallet, a free mobile wallet application designed to simplify the payment and loyalty experience for Canadian consumers. Launched initially as a joint venture by TD Bank Group and PC Financial, the app allowed users to digitize and store various cards, including credit, debit, loyalty, and gift cards, on their smartphones for in-store payments and reward collection. The company aimed to create a secure and convenient one-stop mobile solution for everyday transactions. Despite its backing by major financial institutions, the service was unable to gain sufficient market traction and was officially decommissioned in October 2021.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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ugo mobile solutions l.p.

Canada

Founded in

2014 (12 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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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.