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South Africa
2015 (11 Years)
Last online: No recent activity
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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.
Get to know Fo-Sho
Company Information
Get to know Fo-Sho
Fo-Sho is a technology company specializing in telematics for the insurance sector. Founded by actuaries and data scientists, the company has developed a platform that uses smartphone sensor data and artificial intelligence to analyze driver behavior without the need for any dedicated hardware. Their solution enables insurance companies to more accurately assess risk, reduce claims, and offer personalized products like Behavior-Based Insurance (BBI) and Usage-Based Insurance (UBI). The company's mission is to make roads safer and insurance fairer by rewarding safe driving.
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