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SnappRetail
Pakistan
2019 (6 Years)
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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 SnappRetail
Company Information
Get to know SnappRetail
SnappRetail aims to create the largest virtual retail franchise across Pakistan, through deployment of its POS hardware/software, focusing on: 1. Traditional trade Analytics for brands and retailers 2. Order Aggregation for manufacturers and distributors 3. Payment Solution for customers 4. Fintech enablement for small merchants The SnappRetail POS application has been carefully curated keeping the retailer in mind, the application focuses on digitizing his shop operations and cash flow and creating a real-time tertiary sales data lake.
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- Financial Other ServicePRIMARY
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