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Fygo
United Kingdom
24 Mar 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 Fygo
Company Information
Get to know Fygo
Fygo is the social shopping and rewards app designed by Gen Zs, for Gen Zs. On Fygo, users discover brands through friends and earn cash rewards when they spend with their normal bank card. Users can piggyback their friends’ purchases to earn extra rewards. This creates a powerful mix of engaging content for our users and authentic, network-driven marketing for our partners. Fygo is backed by a tier-1 venture capital firm and investors & operators from world-leading companies like Revolut, Deliveroo, Venmo, Fast, GoCardless and Utility Warehouse. Let’s chat: [email protected]
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