✔️ Information reviewed and updated in April 2024 by Eduardo López
IS GrowUp RELIABLE? OPINIONS
In this post I will analyze GrowUp. Is the GrowUp Fund Manager (with growup.capital website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think GrowUp is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
| Information | About the company |
|---|---|
| (I.e. Company | Not mentioned |
| ???? Direction | Not mentioned |
| 📄 Registration | Not mentioned |
| 🛡️ Regulapain | Not mentioned |
| ️ ️ Phone | Does not have |
| Does not have | |
| 🌐 Website | growup.capital – growupcapital.net (websites are currently not active) |
| ???? Live Chat | Yes |
| 💳 Payment methods | Not mentioned |
| ❓ Company type | Fund Management |
📞 LIST OF PHONE NUMBERS:
The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.
💰 DEPOSITS AND ACCOUNTS:
GrowUp does not offer different types of accounts.
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “GrowUp.com” was registered on September 26, 2022. That is, it is a website that is not very old. Currently the website is not valid 🚩
- The website is not current at this time, we notice a clear lack of transparency in very important data. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ GrowUp OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company does not mention its location. Here I can notice a very clear lack of transparency with key information that I should know in order to be able to evaluate the security of the company.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “GrowUp.com” was registered on September 26, 2022. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company faces complaints from a regulator for fraudulent operations.
“To be honest with you, I would not invest in this type of company: It is not regulated and does not mention which company it belongs to.
💬 WHAT TO THINK OF A COMPANY LIKE GrowUp?:
GrowUp, being a fund management entity, raises serious concerns among investors due to the notable absence of verifiable information. The lack of fundamental details, such as location, regulation, business affiliation or clear contact channels, creates uncertainty that generates distrust in those considering investing in it.
This organization is also reported by the regulator CNMV, National Securities Market Commission of Spain, which adds an additional alert for those evaluating the possibility of trusting its services.
Furthermore, numerous complaints can be found from potential clients who have expressed their dissatisfaction with the services provided by GrowUp. These complaints cover a variety of topics, from withdrawal issues to unfavorable experiences. The presence of multiple negative testimonials online only reinforces previous concerns about the integrity and reliability of this fund management entity.
📣 LATEST UPDATES:
1) Update January – 2023: We have received a lot of negative messages about GrowUp
2) January 2023 update: we have received a lot of messages from clients of the company that mention not being able to withdraw capital
3) Update January 2023: la CNMV, Spain's financial regulator, has denounced GrowUp.
✔️ CLAIM MONEY FROM GrowUp:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT GrowUp:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
GrowUp is a Fund Management company.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
GrowUp is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
A todo cerdo le llega su San Martín, Angelito
Hola m, recuperarás tu capital con nuestro servicio, en pocos meses tendrás tu dinero en tu cuenta. GrowUp es una ESTAFA, hemos recibido muchas quejas por parte de los inversores, por no devolver el dinero, no se debe invertir nunca en un broker que no tenga REGULACIÓN.
They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).
When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.
Manuel Lema, Eduardo Perez Crespo and Angel Casal Henarejos. Shameless little guys. Eduardo Perez and Angel Casal, lawyers by profession, laundering money in their office in Elche and Manuel Lema stealing from his company and from partners.
Hello pizarro, do you have more information, who do they launder money for and how do they do it?
Greetings.