Company Information

Get to know Kolobox

Kolobox is a Nigerian fintech product developed by Buckler Systems. Its mission is to simplify and encourage a culture of saving by providing an easy-to-use mobile application. The platform allows users to set up various automated savings plans, such as fixed-term savings (KoloLock), goal-based savings (KoloTarget), and flexible savings (KoloFlex). Kolobox partners with a CBN-licensed and NDIC-insured microfinance bank to ensure the security of user funds, aiming to provide a secure and rewarding savings experience for its customers.

Industry

Financial InvestmentPRIMARY
Financial Banking
Financial Other Service

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Kolobox

Nigeria

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

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.

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.