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South Africa
01 Mar 2017 (9 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 Pineapple
Company Information
Get to know Pineapple
Pineapple is a financial technology company that aims to decentralize and simplify the insurance industry. Founded in 2017, the company operates on a peer-to-peer (P2P) model where a portion of premiums is pooled with other members to cover claims, and any unused premiums are returned to the community annually. By leveraging AI and a mobile-first approach, Pineapple provides a transparent, affordable, and community-driven insurance experience for items such as cars, electronics, and other personal belongings. The company's mission is to create a fair and trusted insurance system by realigning the interests of the insurer and the insured.
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