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South Africa
2015 (11 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 DuePoint
Company Information
Get to know DuePoint
DuePoint positions itself as a system enabling individuals, referred to as "Wealth Engineers," to generate an income by building a distribution channel for various financial products. Established on a direct selling or network marketing model, the company provides access to products like insurance (life, disability, accidental death) and investment vehicles (Tax-Free Savings Accounts). These products are underwritten and managed by established South African financial institutions, including Guardrisk Life Limited and Sanlam. DuePoint's core offering is not the financial products themselves, but rather the business platform, tools, and compensation plan for its members to distribute them. The company is a division of Constantia Life and Health Assurance Company Limited, an authorised Financial Services Provider (FSP 49976) in South Africa.
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