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Ghana
01 Oct 2018 (7 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 OyaPay Africa
Company Information
Get to know OyaPay Africa
OyaPay Africa was a fintech startup founded in 2017 in Lagos, Nigeria. The company's mission was to simplify payments for small and medium-sized enterprises (SMEs) across Africa by providing a unified platform for online and offline transactions. Their services included a payment gateway for websites, mobile app-based point-of-sale (mPOS) solutions that allowed merchants to accept card payments via their smartphones, and QR code payments. In 2019, OyaPay was acquired by Verto, a B2B cross-border payments platform, and its team and technology were integrated into Verto's operations.
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