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Malaysia
2017 (9 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 Fatberry Sdn Bhd
Company Information
Get to know Fatberry Sdn Bhd
Fatberry Sdn Bhd is a prominent Malaysian financial technology (insurtech) company operating as an online insurance marketplace. Approved by Bank Negara Malaysia (BNM) as a Financial Adviser and Islamic Financial Adviser, the company's mission is to simplify the insurance process by allowing customers to easily compare, customize, and purchase various insurance products (such as motor, travel, and personal accident) from multiple providers online. By digitizing the traditional insurance model, Fatberry aims to provide greater transparency, convenience, and accessibility for consumers in Malaysia.
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