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LALA WORLD
Singapore
Oct 2017 (8 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 LALA WORLD
Company Information
Get to know LALA WORLD
Lala World is a technology company using blockchain to create a connected financial ecosystem for the unbanked, migrants, and refugees. It owns and operates LALA Wallet, an online money transfer platform. It offers products, including LALA Transfer, which offers peer-to-peer local and global remittance backed by crypto and fiat; LALA Bill Pay, which offers local and international bill payments; LALA Lends, which offers domestic and International peer-to-peer lending via crypto and fiat to individual and small businesses; LALA Card, a crypto and fiat synced card; and LALA Kit, which offers a mobile phone with pre-loaded LALA Wallet, LALA Insurance, LALA Card, and Partners' products. The company was founded in 2016 and headquartered in Singapore.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Banking
- Financial Other Service
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