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Ripula
United Kingdom
07 Oct 2014 (11 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 Ripula
Company Information
Get to know Ripula
Ripula is a GBP Ripple gateway in London, UK allowing direct deposits of GBP into the Ripple network via BACS, Faster Payments and international wire. We plan to build on their gateway implementation to bring a full-service online banking and payments service using the Ripple protocol to make financial transactions of all kinds faster, cheaper and easier. The first iteration of this platform will go live at the end of June, and will include an integrated PoS system, mobile, web, micro and SMS payments all of which is linked in the backend to the wider Ripple network.
Industry
- Financial BankingPRIMARY
- Financial Payment
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