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Meemo
United States
Feb 2019 (6 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 Meemo
Company Information
Get to know Meemo
Meemo is a FinTech company providing an app used to send and receive money to friends and family, and delighting users with automatic personal rewards based on their recent activity. This includes personalized offers and shopping deals, Weekly Review stories, nostalgic and useful transaction-based notifications, and more. The app is a secure, AI-powered social finance app where your digital wallet meets your everyday life with automatic rewards, and users can transfer 'money with intention' to one another. The system ensures that the user's received meemos (an earmarked money transfer similar to a gift card) are automatically applied without ever expiring, being lost, or forgotten. The app can also be used to search and sort through accounts and transactions, and enjoy shareable insights uncovered by meemo's powerful AI. André Madeira, Ranveer Kunal, Robson Araújo, and Wisam Dakka established the San Francisco, California-based company in 2019.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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