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Nigeria
2022 (4 Years)
Last online: No recent activity
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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 Geegpay by Raenest
Company Information
Get to know Geegpay by Raenest
Geegpay is the primary product of Raenest Inc., a financial technology company focused on the African continent. Its mission is to empower African talent by simplifying cross-border payments. The platform enables freelancers, remote workers, and creators in Africa to open virtual bank accounts in USD, GBP, and EUR, allowing them to receive payments from international clients and platforms like Deel, Upwork, and Fiverr. In addition to receiving payments, users can create virtual debit cards for online spending and manage their earnings seamlessly. Raenest Inc. was founded to bridge the financial gap and solve the unique payment challenges faced by the continent's growing remote workforce.
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