Trust Is More Critical Than Ever

2023 was a massive year for fintech — but also a year where scams, hacks, and fraud reached alarming levels in markets like Nigeria 🇳🇬, India 🇮🇳, and Ghana 🇬🇭.

Thankfully, thousands of users turned to FinCheck to protect themselves before making financial decisions.

5 Ways FinCheck Protected Users in 2023

1. Flagging Scam-Reported Platforms Early

Platforms with growing user complaints were flagged with a Scam Risk Alert before mainstream media caught on. Example: a Nigerian crypto app flagged in April 2023 avoided by over 10,000 FinCheck users.

2. Detecting API & Security Vulnerabilities

FinCheck's Deep Security Scan spotted unsafe APIs and weak endpoints, warning users not to input sensitive data. Example: An Indian loan app scored low due to outdated SSL certs and exposed

3. Compliance Tracker Preventing Legal Traps

Platforms failing GDPR, NDPR, or RBI compliance were marked low on the Regulatory Tracker, helping users avoid services that could leak or misuse data.

4. Real-Time Public Sentiment Monitoring

By scanning news, reviews, and user posts, FinCheck dropped trust scores for platforms getting hit with negative buzz, giving users a clear red flag.

5. PDF Reports Used for Business Due Diligence

Over 4,500 downloadable reports were used by businesses and investors to avoid risky partnerships in 2023.

Real Success Stories

Ghana 🇬🇭: A user avoided losing $800 by checking FinCheck before using a "high-yield" mobile wallet that later collapsed.
Nigeria 🇳🇬: A fintech startup improved its trust score after fixing issues detected by FinCheck, leading to renewed user trust.
India 🇮🇳: An angel investor used FinCheck reports to filter out risky lending apps before funding.

Why 2024 Is the Year to Take Trust Seriously

As fintech keeps growing, scammers are getting smarter — but so are the tools to fight them. FinCheck's mission remains the same: Empower every user and business to make safer financial decisions.

Our News

5 Ways FinCheck Helped Users Avoid Scams in 2023 (And What’s Coming in 2024)

Stay safe with finances

Always check with FinCheck