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CityTaps
France
2015 (10 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 CityTaps
Company Information
Get to know CityTaps
CityTaps has developed a solution that bridges the gap between water utilities and the urban poor: a prepayment service that comprises the world's only smart and prepaid water meter, and a billing software. CityTaps' system helps utilities become financially independent and able to invest in infrastructure for at-home water service to even the poorest residents. Beneficiaries use mobile money to prepay for running water with any mobile phone, at any time, for any amount, and improve their household budget. Running water in the home is substantially cheaper, more convenient, and healthier than any alternative. CityTaps' innovative solution has the potential to dramatically and quantifiably improve the lives and well-being of a billion people who do not have access to water in the home.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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