Company Information

Get to know ALECO LTDA

Alelo is a major player in the Brazilian employee benefits market, providing a range of card-based solutions for meals, food, mobility, culture, and other incentives. Founded over 20 years ago, the company aims to improve the work-life quality for employees and simplify benefits management for companies. Alelo is part of the Elopar holding company, a joint venture between two of Brazil's largest banks, Banco do Brasil and Bradesco, which provides a strong financial and technological foundation for its operations. The company serves millions of users and is accepted at a vast network of commercial establishments across Brazil.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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ALECO LTDA

Colombia

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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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.

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.