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Frollo
Australia
2015 (10 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 Frollo
Company Information
Get to know Frollo
Frollo is a purpose driven fintech organisation on a mission to help improve people’s lives through increased financial wellbeing. This means simplifying and automating the process of getting ahead with their finances through providing actionable insights, gamification and being part of our community. Frollo is delivering on this mission by offering a free financial wellbeing app to both customers as well as small businesses in the app store (iOS and Android). The Frollo app has been awarded winner of Metlife Financial Inclusion and Top 50 in the world for Financial Inclusion. Frollo also partners with financial institutions to help them innovate, build out their feature set and quickly take new features to market through an API enabled platform. The platform already leverages open banking data and supports an easy implementation through an API platform. Frollo has been selected as one of only 10 companies in Australia to work on the Government Open Banking Pilot and GDR compliance.
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- Financial Other ServicePRIMARY
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