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Nibox
Nigeria
Jun 2016 (9 Years)
Last online: No recent activity
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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 Nibox
Company Information
Get to know Nibox
Nibox is a technology company that develops self-service kiosks for last-mile access to financial services. Nibox is redefining the distribution by automating the banking agent. Customers can pay bills, deposit, withdraw, and onboard financial products via a nibox kiosk. Nibox's mission is to accelerate the cash-to-digital transition in Africa.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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