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Israel
01 Mar 2018 (8 Years)
Last online: No recent activity
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Warning
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 BEAM
Company Information
Get to know BEAM
Founded in 2011 in the United Arab Emirates, Beam is a fintech company that developed a universal mobile commerce and rewards platform. The company's mission is to make payments "magically easy" by offering a one-tap checkout experience. Beam's mobile application enables users to pay with their smartphones, track spending, and earn rewards and cashback on their purchases across a network of partner merchants. The service is designed for both consumers seeking convenience and businesses looking to integrate a modern payment solution into their physical stores or digital platforms.
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