BREINROCK

E-money or payment institution · Toronto, Canada · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 10 scored needs: 4.8. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Breinrock Limited is recorded in the global register as an e-money or payment institution in Toronto, Canada. The register names Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as its regulator and shows the licence as active. Established 2019. Collected from open registers.

On its own website: “Unlock your financial potential with Breinrock's neo banking platform. Manage payments in 110+ countries and 40+ currencies globally.”

Legal name: Breinrock Limited
Regulated by: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Licence confirmed: yes, on a regulator's own list
Established: 2019
LEI: 9845008BD6B96DC1A217
Website: www.breinrock.com/

Scores, 0 to 10

6.0Canada

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Fast digital onboarding

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

6.0Online businesses: e-commerce and SaaS

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Lowest fees

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Fintech companies that need a partner bank

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Startups & VC-backed companies

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Business cards (Visa, Mastercard)

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

4.5Cross-border payments, FX and multi-currency accounts

Its own business page names SEPA, SWIFT, so payments can leave the country. The score stops at 4.5 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

4.0Financial strength & stability

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

3.5Trade, manufacturing & import-export

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

2.0Best interest on business balances

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.