Company Information

Get to know MVola

Launched in 2010 as a service of the telecom operator Telma, MVola was the first mobile money solution in Madagascar. In 2018, it evolved into a standalone entity, MVola S.A., a registered Electronic Money Institution (EME) regulated by the Central Bank of Madagascar and a subsidiary of the Axian group. The company's mission is to promote financial inclusion by providing accessible, secure, and affordable digital financial services to the Malagasy population, including money transfers, bill payments, merchant payments, and access to savings and credit solutions.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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MVola

Madagascar

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.