Bank Index
PARADECH GROUP INC
Crypto service provider · Canada · overall 3.2 / 10
How this 3.2 is built
Average of 5 scored needs: 3.2. 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.
PARADECH GROUP INC is recorded in the global register as a crypto service provider in Canada. The register names Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as its regulator and shows the licence as active. Collected from open registers.
On its own website: “Paradech, Integrated Global Payment Solutions”
- Regulated by
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
- Licence confirmed
- yes, on a regulator's own list
- Website
- paradech.com
Scores, 0 to 10
7.0Crypto-friendly bank
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
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
5.0Fast digital onboarding
Registered to provide virtual asset services, so it works with crypto businesses by licence. · 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
3.5Financial strength & stability
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
1.5Best interest on business balances
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
1.5Trade, manufacturing & import-export
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
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.