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ecolytiq
Germany
04 Mar 2020 (5 Years)
Last online: No recent activity
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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 ecolytiq
Company Information
Get to know ecolytiq
The Sustainability-as-a-Service(R) solution from Ecolytiq enables banks, fintech companies, and financial service providers to show their customers the individual impact their purchasing behavior is having on the environment in real-time. The Ecolytiq software calculates personal environmental impacts, such as CO2 values, on the basis of payment transactions. Ecolytiq also provides a library providing content and valuable background information on individual environmental impacts. Ecolytiq aims to empower consumers to reduce their own impact in the long term. To this end, Ecolytiq not only provides the appropriate content, but also offers suitable CO2 compensation offers from selected and certified organizations, which are available via their own marketplace. Ecolytiq was founded by entrepreneurs with more than 40 years of experience in payment, banking, loyalty, and scalable data analytics systems. We are a fast-growing company of 50 passionate, hardworking, and diverse employees. In November 2020, Ecolytiq joined the Visa Fintech Partner Connect program, enabling banks to seamlessly implement their sustainability strategies using payment data.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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