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Nigeria
Jun 2016 (10 Years)
Last online: No recent activity
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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 Amplified Payment System Ltd (Amplify)
Company Information
Get to know Amplified Payment System Ltd (Amplify)
Amplified Payment System Ltd, commonly known as Amplify, is a financial technology company based in Nigeria that provides solutions for online payment collection and management. Founded with the mission to simplify payment acceptance for businesses across Africa, the company offers a suite of products including a payment gateway (AmplifyPay) for one-time payments and a subscription management platform (mTransfers) for recurring billing. In March 2021, Amplify was acquired by OnePipe, another Nigerian fintech company, to enhance its embedded finance offerings for a broader range of businesses. Despite the acquisition, Amplify continues to operate its services, focusing on providing reliable and secure payment infrastructure for its clients.
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