Company Information

Get to know Vance (YC W22)

Vance (a Y Combinator W22 alumnus) is a financial technology platform building a cross-border neobank tailored for global Indians. The company's mission is to simplify international banking by providing users in India with a US bank account, high-yield savings, low-cost remittances, and access to US investment products through a single application. By partnering with regulated US banks, Vance aims to eliminate the high fees and poor exchange rates typically associated with international transactions, empowering users to save, spend, and invest globally with ease.

Industry

Financial BankingPRIMARY
Financial Other Service

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Vance (YC W22)

India

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.