Company Information

Get to know 22seven

Founded in 2012 and acquired by Old Mutual in 2013, 22seven is a pioneering financial technology service in South Africa. Its core mission is to help people do more with their money by providing a consolidated view of their financial life. The application securely aggregates data from users' bank accounts, credit cards, investment portfolios, and loans, offering insights into spending habits, net worth, and budgeting goals. In addition to its budgeting tools, 22seven also provides an accessible investment feature, allowing users to invest in various funds directly through the app.

Industry

Financial Financial AdvisementPRIMARY
Financial Other Service

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22seven

South Africa

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.