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Tanda
Kenya
12 Jun 2017 (8 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 Tanda
Company Information
Get to know Tanda
Tanda is a fintech startup working to revolutionize access to essential digital financial services for MSME's across Africa. Through Tanda, micro-retailers can not only access inventory credit, but also become access points for essential services such as Airtime, Utility payments, M-banking & Insurance for their customers. For the longest time, shopkeepers have been the cradle for African communities. They supply over 70% of essential goods, worth over $180 Billion annually across the continent. It comes as a shock that despite their importance to local economies, over 90% of micro-retailers do not have any credit history nor access to financing from Banks or MFI's. Tanda plans to close this financing gap and drive financial inclusion for low income MSME's across the continent.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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