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Pakistan
17 8月 2020 (5 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 mKhata
Company Information
Get to know mKhata
mKhata is a fintech company aiming to digitize Pakistan's small and medium-sized enterprises (SMEs). Its core product is a free and secure mobile app that replaces traditional paper-based ledgers (khatas). The app allows merchants to record credit (udhaar) and debit transactions, manage cash flow, send automated payment reminders to customers via SMS and WhatsApp, and generate business reports, thereby improving cash flow and reducing the burden of manual bookkeeping.
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