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Up Financial

Canada

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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Cyprus

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Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.

Company Information

Get to know Up Financial

Company Information

Get to know Up Financial

Up is a digital banking platform and brand created through a collaboration between Ferocia Pty Ltd, a software development company, and Bendigo and Adelaide Bank. Launched in 2018, it aims to provide a modern, technology-driven banking experience for Australians, particularly targeting a younger, tech-savvy demographic. Up offers a comprehensive suite of personal banking tools through its mobile app, including transaction and savings accounts, spending analytics, automatic savings features, and integration with digital wallets. All customer accounts are legally held by Bendigo and Adelaide Bank, which provides the underlying banking license and infrastructure, ensuring deposits are protected under the Australian Government's Financial Claims Scheme. In 2021, Bendigo and Adelaide Bank acquired Ferocia, fully integrating the Up platform into its operations.

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