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Zogo Finance
United States
Apr 2018 (7 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 Zogo Finance
Company Information
Get to know Zogo Finance
Zogo is a mobile app that pays kids to learn financial literacy. They break down complicated financial concepts into more than 300 bite-sized modules that meet kids on their phones. These modules start with easy concepts like budgeting but grow more complex as teenagers advance through the app. Users start each module by learning five concepts before taking a five-question quiz. Kids earn points in the form of pineapples as they complete modules. They can redeem these points for rewards such as gift cards. Financial institutions partner with Zogo to co-brand the app and use it as a tool to engage, attract and learn about GenZ. They would distribute it to existing customers, complement teen checking accounts and leave behind after teaching at their partner schools. We're backed by Techstars and MetLife. We have won 2019 NACUSO Next Big Idea Competition in the credit union industry as well as the "Best of Show" at FinovateFall 2019. Zogo is built by a team of GenZ, and built for GenZ.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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