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Fego.ai
India
2020 (5 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 Fego.ai
Company Information
Get to know Fego.ai
Fego is an open finance platform that provides embeddable experiences powered by financial insights when people transact with B2C fintechs and consumer internet companies. It offers a plug-and-play stack that allows developers/enterprises to embed financial experiences in a bid to personalise end-user's digital journey. Fego also lets B2C entities (across Consumer Internet, Financial Services and Fintech domains) subscribe to product stack to get access to user's financial data, and also understand their financial behaviour. Fego product stack consists of three modular pieces, namely : (i) Experience Layer - Embeddable Financial Experiences, (ii) Connectivity - Getting access to end-users' financial data with consent & (iii) Insights - Actionable behavioural intelligence extracted from transaction data for potential outcomes Fego works on the motto - “Enabling fintech for India” that changes the way businesses interact with their consumers. It streams and enriches authentic consumer financial data, resolving complex compliance and engineering overheads for businesses. From neobanks and fintechs to consumer internet apps, Fego is unlocking the potential of India’s embedded finance ecosystem for a multitude of industries.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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