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WayaWaya
Kenya
Mar 2016 (9 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 WayaWaya
Company Information
Get to know WayaWaya
WayaWaya offers a Unified solution that is accesible across different platforms to enable users to transfer,pay and save through a a low-cost, fast and accesible solution that connects with existing banks, cards and wallets and combines with machine learning to use data on spending habits, payment preferences and incomes to give an automatically customizable financial offering that seamlessly integrates with target users(Generation Z and Millenials) ways of life. The soluton offers instant secure virtual account creation, cusotmer profiling, custom alerts and talored product/purchase offers.
Industry
- Financial Other ServicePRIMARY
- Financial PSP Gateway
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