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BlaBla Connect Limited
United Kingdom
09 Oct 2012 (13 Years)
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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 BlaBla Connect Limited
Company Information
Get to know BlaBla Connect Limited
BlaBla Connect Limited was established in the UK and is focused on financial services. With a vision to building a bridge between financial and telecom industries. The company is fully regulated by FCA in the UK (Financial Conduct Authorities) and holding one of the most prestigious and important licenses in Europe – EMI (Electronic Money Institution) which paves the path for what is known as "Digital Banking” in the FinTech industry. BlaBla is uniquely positioned to offer a wide range of associated financial services to its growing and engaged user base. Marketing directly to consumers, focusing on low acquisition costs, and using predominantly digital methods, the company provides users with a social mobile wallet. BlaBla launched its own platform mobile wallet (PassTo) with a broad range of functionalities including peer-to-peer, remittances, wallet to wallet, and Air-Time Top-up. Other features to follow e.g. merchant payments, multi-currency services, shared wallets, split payments, gift transfer (group payment), issuing cards, among others. Building on its previous iterations, BlaBla’s wallet (PassTo) integrates social and e-commerce functionality on top of its existing and expanding features. Among other things, the social flavor of the wallet makes it stand out from the competition. PassTo App URL: http://onelink.to/e4pyyc Website: www.passto.app Video: https://youtu.be/t77cvR5QMPY BlaBla also developed BlaBla Connect app which is a leading International calling application with more than 1.3 million downloads that enables users to call any number in the world with the best voice clarity and the lowest rates available today. BlaBla Connect App URL: http://onelink.to/cq6kud Website: www.blablaconnect.com Video: https://youtu.be/5rM-vZyWjm8
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