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hiveonline
Denmark
12 Dec 2016 (8 Years)
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What are the differences in regulations for each
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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 hiveonline
Company Information
Get to know hiveonline
hiveonline is a Copenhagen, Denmark, Kigali, Rwanda and Stockholm, Sweden-based startup delivering digital financial solutions for communities of entrepreneurs who can't access the formal financial system. It has two main lines of business based on the same core technology; a Savings Group product and a Cooperatives product, both creating a financial ecosystem for unbanked communities in developing economies, bringing financial services including identity, structured lending, risk aggregation and cheap digital cash (with license) without the need for bank records or formal ID. hiveonline provides frictionless financial administration and an incorruptible trust network, via a unique combination of behavioural analytics and multi-asset blockchain technology. The company has nine employees.
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- Financial Other ServicePRIMARY
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