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Spotii
United Arab Emirates
22 Jan 2020 (5 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 Spotii
Company Information
Get to know Spotii
Spotii is an innovative payments platform for Fashion, Beauty, and Lifestyle brands that empowers the communities to shop now and pay later with no interest, no cost, and no catch. Spotii was founded in 2020 by Anuscha Iqbal and Ziyaad Ahmed.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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