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e-Piggy
Nigeria
2014 (11 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.
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Get to know e-Piggy
Company Information
Get to know e-Piggy
Novacrest’s e-Piggy™ is a revolutionary innovation developed to primarily address everyday problems encountered by merchants and customers during cash transactions and the resultant lack of change. The issue of change collection and loose change conversion has been persistent perhaps since the invention of currency, and e-Piggy™ has been designed to provide a lasting solution. In an economy like Nigeria where transactions still involve use of cash, e-Piggy™ offers merchants and customers alike a convenient, hassle-free option for dealing with change. The e-Piggy™ concept is the very first of its kind anywhere in the world, addressing every challenges, using existing infrastructure, and enabling stakeholders to a world of ease, convenience and value.
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- Financial Other ServicePRIMARY
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