FinMore, a new online platform, is set to launch, but even before it does, the public is starting to express concerns about it.
In this post, we will review FinMore and let you know about its legitimacy.
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What is FinMore?
FinMore describes itself as a “licensing technology” from TranzactCard, but as it hasn’t hit the market yet, not much is known about the company or its offerings. Nothing more than a “coming soon” mark is visible on its website.
There is no information available about the headquarters address or founders of FinMore.
According to WHOIS, Its domain was last updated on January 31st, and it has been up for sale for an extended period.
Read: DPD Scam Emails Exposed!
|Domain registration date
|9 December 2010
After investigating the organization profile of FinMore, we found several red flags in it. Let’s take a look at it:
- No information available about the founders
- No information of headquarters provided
- Ties with previous MLM schemes
- Lack of transparency
- Dubious Marketing claims
FinMore’s relationship with TranzactCard, which is also under constant scrutiny, has raised questions about the company even before it officially launched. More questions are raised by Randy Schroeder’s contradictory statements in one of FinMore’s advertising videos.
However given a few fundamental red flags, such as the absence of information about the founders and other crucial details, the worry regarding FinMore appears to be solid. Furthermore, its primary services are still unknown, despite its assertions that it is a “licensing technology” from TranzactCard.
Although it is being presented as a new partnership between it and TranzactCard, there are red signals that point to something else, such as the potential that it is just a rebranding or relaunch of TranzactCard.
Because of this, the validity of this organization cannot yet be determined, but you should proceed with caution when dealing with them.
Who is the operator of FinMore?
There is no information available about the operator of FinMore.
From where FinMore is operating?
There is no information available about the location of the operation of FinMore.
Is FinMore legit?
Currently, nothing can be said about FinMore because it is yet to be launched.
Can I use the services of FinMore?
Yes, you can use the services of FinMore but at your own risk.