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Bippit
United Kingdom
05 Jun 2019 (6 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 Bippit
Company Information
Get to know Bippit
Bippit is a financial support system for employees, which provides them with a 1-1 financial coach, powerful tools, and practical resources. Research has shown that 3/4 staff members have financial concerns that directly affect them at work, but only 1/10 have been able to speak to an expert about them. This has a huge impact on businesses, as 15% of payroll cost can be lost from reduced productivity, presenteeism, and an increase in staff turnover, due to the financial worries of their workforce. Bippit makes professional financial support completely free for employees, whenever and wherever they need it, and is backed by early stage investors in Monzo, Freetrade, and Calm.
Industry
- Financial Other ServicePRIMARY
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