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Jumpstart
United States
2015 (10 Years)
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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 Jumpstart
Company Information
Get to know Jumpstart
Jumpstart provides consumers a financial jumpstart after a life-changing shock. It's a new product category that pays a fixed sum right away after a pre-defined event. Technically it's insurance, but without hassle, paperwork, or delays. The company also provides parametric earthquake insurance for renters and homeowners in the U.S., in partnership with leading financial institutions. Jumpstart is transforming insurance just as crowdfunding revolutionized investing take something complicated and expensive, make it accessible and simple, and in doing so unlock a market multiply the number of customers by 10x. Starting with the earthquake risk in California, Jumpstart builds financial resilience for individuals and communities.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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