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Betalo
Sweden
2011 (14 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Betalo
Company Information
Get to know Betalo
Betalo offers everyday payment services in an easy to use mobile app. Through user-friendly banking service they aim to simplify as well as empower their users’ everyday financial lives. Betalo started with the idea that modern technology, lower overhead costs, and fair values could enable cheaper, simpler, and more transparent everyday payment services for you as a customer. Their team has deep technical and financial expertise, and they pour their hearts into making Betalo secure and simple to use. They believe that great technology and design will enable a better everyday banking experience for all. An experience where banking services are both smart and simple to use, but mostly accessible to more people and at a fair cost. They believe that a world where financial services can break down borders also will make it easier for people to connect.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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