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Willowi
Spain
Jun 2017 (8 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 Willowi
Company Information
Get to know Willowi
Willowi is an on-demand insurance platform where the clients can pick and choose the coverages they want. If there is no claim, the clients can get a refund. Our go-to-market is home insurance for owners and renters. We are a social startup. For each insurance sold, we plant a tree. Willowi loves the environment. We want to be the first B-Corp Spanish insurtech.
Industry
- Financial InsurancePRIMARY
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