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moneysmart
South Africa
01 Aug 2010 (15 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 moneysmart
Company Information
Get to know moneysmart
About Personal financial management made easy online | Join our beta site today | www.moneysmart.co.za Company Overview moneysmart is a technology innovator with a global vision to disrupt the world of online personal finance and create a socially integrated open-platform to connect financial institutions to you and empower you to be in control of your finances. The concept is the brainchild of Tobie van Zyl and Zulfiq Isaacs that came together in 2008 with a common purpose to develop a next generation online financial services venture. Today, the company is made up of a team of savvy digital mavens, all passionate about building the most innovative online financial management platform and dedicated to a common mission, to shift financial control to you. Having initially launched in South Africa, moneysmart’s global rollout plan includes extending its footprint into Europe and other markets through strategic partnerships in time. Description moneysmart, South Africa’s FREE online personal financial management platform, launched into BETA on 15 September 2011. The first release includes innovative features that make managing money, smart and easy for everyone. Use our intuitive budgeting tool to easily setup and track your spend, be notified with alerts when you reach or exceed your limits, know your credit status with our 3-in-1 credit report, interact with experts in our community, search for financial products that best suit your needs in our marketplace, set financial goals and visually capture your dreams. moneysmart will be releasing new functionality and add-ons on a regular basis including a mobile and paid-for premium subscription service with value-added features that will be introduced in progress. Mission moneysmart’s mission is to shift financial control to you and empower you to reach financial freedom. moneysmart -shift financial control to you - #shift_ctrl www.moneysmart.co.za
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