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MedMisr
Egypt
2018 (7 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 MedMisr
Company Information
Get to know MedMisr
MedMisr is the Egypt's 1st Digital Healthcare Benefits Management Startup that provides Medical claims management services for Insurance companies, starting from the first Medical point of service. MedMisr aims to reshape the Medical insurance Industry through eliminating the traditional claim form, offering a cost optimization solution with complete new user experience, connecting all stakeholders online and providing protection against fraud. MedMisr is a startup founded in March 2018 and was selected to join Flat6labs acceleration program, a regional startup accelerator program that fosters and invests in bright and passionate entrepreneurs with cutting-edge ideas, in exchange for 10% equity stack and seed funding.
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- Financial InsurancePRIMARY
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