Company Information

Get to know Numida

Founded in 2017, Numida is a digital lender focused on supporting the growth of African small and medium-sized enterprises (SMEs). The company's mission is to unlock the potential of these businesses by providing them with accessible, fast, and unsecured working capital loans through a mobile application. Numida utilizes proprietary credit scoring models to assess business eligibility and disburse funds quickly, enabling entrepreneurs to purchase stock, equipment, or manage cash flow without the need for traditional collateral.

Industry

Financial FundraisingPRIMARY
Financial Insurance
Financial Other Service

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Numida

Uganda

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.