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Canada
2017 (9 Years)
Last online: No recent activity
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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 Korapay
Company Information
Get to know Korapay
Founded in 2017 by Dickson Nsofor, Korapay (operating under the legal name Kora Technologies Limited in some jurisdictions) is a fintech company with a mission to create a seamless and borderless payment infrastructure for Africa. The company provides a suite of payment APIs and services that allow businesses to process payouts, accept pay-ins, issue virtual bank accounts, and manage cross-border transactions efficiently. By focusing on payment infrastructure, Korapay aims to solve the complexities of local and international payments for businesses operating in and out of the African continent.
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