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FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Profee

E-money institution · Cyprus

About the company

Legal company nameSibilla Solutions Ltd · TRUE NORTHERN TRANSFERS INC.
Year founded—
Headquarters / registered countryNicosia, Cyprus
Websitewww.profee.com
Last checked09.10.2026

According to its official website, Profee is an online international money transfer service that lets individuals send money to family and friends abroad; it states that more than 90% of transfers arrive within a couple of minutes, that the amounts sent and received are shown before confirmation and that recipients do not need to register. The service is offered through the website and iOS/Android apps; customer funds are said to be held in safeguarding accounts separate from the company's own accounts, and the company says it is PCI DSS certified. Profee is the trading name of Sibilla Solutions Ltd (HE348581), registered in Cyprus and regulated by the Central Bank of Cyprus as an electronic money institution (115.1.3.16/2018). For Canada residents, services are provided by TRUE NORTHERN TRANSFERS INC., which the site describes as registered with FINTRAC and licensed in British Columbia to carry out money transfers. This information is the company's own statement.

Account Details

ACCOUNT TYPESPersonal
MIN. DEPOSITNot stated
PLATFORMSWebsite · iOS and Android app
PRODUCTSInternational money transfers · Transfers to cards and bank accounts · Business payouts · Referral programme

Licences and regulation

CBC (Republic of Cyprus)

Licence no.115.1.3.16/2018
Licence holderSibilla Solutions Limited
ScopeListed in the Central Bank of Cyprus register as an authorised electronic money institution under Sibilla Solutions Limited (115.1.3.16/2018).
StatusVerified

BCFSA (Canada)

Licence no.M24840241
Licence holderTRUE NORTHERN TRANSFERS INC.
ScopeThe company states that TRUE NORTHERN TRANSFERS INC., which serves Canada residents, is licensed in British Columbia to carry out money transfers (M24840241). The record could not be verified because the BCFSA register could not be read.
StatusPending verification

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: June 2026 – October 2026

  • Withdrawal / payment: 29
  • Account / trading conditions: 14
  • Customer support: 9
  • Other: 9
  • Identity verification: 5
  • Bonus / promotion: 2

HIGH — COMPLAINT LEVEL

39% of institutions with complaint records received more complaints than this one.

BY TOPIC — Withdrawal / payment: High · Account / trading conditions: Medium · Customer support: High · Other: Very high · Identity verification: High · Bonus / promotion: Very high

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on Profee's Trustpilot page (68) records as of 9 October 2026; one person's reviews count once, and records about fake sites and third parties using the Profee name are left out. Across the complaints, delayed or undelivered transfers, funds returned late, account blocks, fees considered high and support that is hard to reach stand out.

Sources and verification history

Official company sourcesprofee.com — homepage, about us page, footer
Regulator recordsCentral Bank of Cyprus — Sibilla Solutions Limited, 115.1.3.16/2018 (centralbank.cy)
Company registerCyprus Registrar of Companies — Sibilla Solutions Limited, HE 348581
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified09.10.2026

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