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Nigeria
20 Jan 2020 (6 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 Okra
Company Information
Get to know Okra
Okra is a technology company that builds the infrastructure for the future of financial services in Africa. Operating as an "Open Finance" platform, its core product is an API (Application Programming Interface) that allows for the secure and consensual exchange of real-time financial information between consumers, financial institutions, and third-party developers. Founded by Fara Ashiru Jituboh and David Peterside, Okra's mission is to digitize financial services across the continent, empowering developers and businesses to create innovative products like personal finance apps, lending services, and account verification tools.
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