About Company
- Overview
- Information
- Review

Sumotrust
Nigeria
14 Jun 2019 (6 Years)
Last online: No recent activity
No Review
Not enough to calculate score
Provided by TrustFinance
Verification on TrustFinance
0.00
Traffic & Engagement
1.67
This company no score yet, be the first to review
Provided by TrustFinance
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 Sumotrust
Company Information
Get to know Sumotrust
SumTrust (Formerly SumoBank) is an automated personal savings and investment platform that helps you save, send, receive and plan your finances effectively while making better business decisions. SumoTrust is a product of Sumo Tech Global Limited which is registered as a financial service company with Cooperate affairs commission (CAC) with the RC NUMBER: 1524989. In partnership with Entrepreneur Platform, Nigeria largest business and enterprise blog which have been read millions of times across the globe to build a free business academy for entrepreneurs on the Sumotrust platform. With Sumotrust, you can choose to save and raise money for something or invest your money to earn profit returns annually. Mission: To give people the power to easily save and manage their finances through automation while taking the right action their money. Vision: We want to see more successful people in the economy with projects executed without much hassle as regards financing. The more people save, the more the have money to carry out projects when the time comes, this is why Sumobank is in Partnership with Entrepreneur Platform to raise business leaders across various sectors using Edutech. Aside from other factors, having money somewhere for emergency with good financial education is one of the major things that Africa needs to understand and from what our partner stand for at Entrepreneur Platform, we want to see people Happy with enough money to operate while guided. Easy saving platform at user’s comfort. Transparent Solution to saving and investing. Cashless policy brought to the grass root. Better and automated savings decisions towards goals.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
Contact
-
-
-
-
Social
Company hasn't updated its information.
Users who look Sumotrust also look…
Reviews
Social Scout
See what Social Scout found of Sumotrust
Provided by TrustFinance AI Analysis
Sumotrust Reviews
Reviews
Total 0
AI Review analysis
Let’s TrustFinance AI Summarize all the reviews for you.
Provided by TrustFinance AI Analysis
Filter
5 Star
4 Star
3 Star
2 Star
1 Star
Sort by
AI Review analysis
Let’s TrustFinance AI Summarize all the reviews for you.
Provided by TrustFinance AI Analysis



