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PayDunya
Senegal
26 Nov 2015 (9 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 PayDunya
Company Information
Get to know PayDunya
PayDunya is a payment solutions company. It operates as a third party that makes the connection between the e-business or e-business and its customer for the payment of a service or property on the internet. The company offers services such as Internet payments, reversals, click and pay, payment requests, and cash on delivery. PayDunya was founded by Aziz Yerima in 2015 and is headquartered in Dakar, Senegal.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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