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Finmo
Singapore
19 Sep 2021 (4 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 Finmo
Company Information
Get to know Finmo
Finmo is a full stack modern treasury platform focused on interconnecting financial networks around the world into a single solution. Our mission is to simplify payments and empower businesses and consumers to transact with their local real time payment networks securely without having to share sensitive data with each other and provide simplest possible experiences with minimal to no code solutions. With the growth in Fintech, we recognise that payments are getting more complex and we are building user-friendly solutions to keep up with this pace and make payments faster and smarter. Our cloud based infrastructure connects directly into local endpoints across our major markets through direct local licenses. With a strong enterprise grade technology stack, we provide a simple API solution and portals to track and maintain payment records per consumer. Founded in 2021, Finmo is a global platform with headquarters in Singapore and offices in Australia, India and further expansion on the horizon. Finmo is venture backed and founded by a team of payment professionals with 2 decades of experience in building global payments infrastructure and companies.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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