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Komaytee
Pakistan
Jun 2020 (5 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 Komaytee
Company Information
Get to know Komaytee
Komaytee is developing a fintech platform for individuals and enterprises to manage their savings and investments at the same time It primarily capitalizes on the informal method of saving i e ROSCA (highly prevalent saving method in Pakistan). The objective of is to provide an innovative and technologically oriented solution to the population of Pakistan (specifically and ultimately targeting the unbanked and SMEs) so they can participate in committees at any time, from anywhere and maintain their finances.
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- Financial Other ServicePRIMARY
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