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Kenya
20 Apr 2016 (10 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 Sky.Garden
Company Information
Get to know Sky.Garden
Founded in 2017 in Kenya, Sky.Garden was a Software-as-a-Service (SaaS) platform built to empower African businesses, particularly small and medium-sized enterprises, by providing them with the tools to create and manage their own online storefronts. The platform aimed to digitize local merchants and connect them to a wider customer base with a focus on mobile-first commerce. Despite raising several funding rounds and onboarding thousands of merchants, the company announced in March 2023 that it was ceasing all operations after failing to secure a new round of investment.
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