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Canada
2020 (6 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
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.
Get to know Africhange
Company Information
Get to know Africhange
Africhange is a financial technology company focused on cross-border payments and remittances, primarily serving the Canada-Africa corridor. Founded with the mission to provide a fast, secure, and affordable alternative to traditional money transfer services, the company leverages technology to streamline the process of sending money abroad. Its history is rooted in solving the problem of high fees and slow transfer times faced by the African diaspora in Canada.
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