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Damoov
United States
01 Jul 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 Damoov
Company Information
Get to know Damoov
Telematics infrastructure for driving mobile apps. Providing an advanced suite of telematics services like Telematics SDK, Data management platform, and APIs. We help developers, and product owners quickly launch products to improve driver safety and performance. Using our solutions, e-commerce companies deliver their product and services Safely, on time, and on budget; Insurance companies run smart insurance products, like pay how you drive, pay per mile/km; shared mobility companies improve user experience, follow compliance and improve road safety.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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