Company Information

Get to know Sokohela

Sokohela is a financial technology company focused on providing accessible and instant credit to underserved populations through a mobile application. The service allows users to apply for and receive short-term personal loans directly on their smartphones, leveraging mobile money platforms for disbursement and repayment. The company's mission is to offer a fast, simple, and reliable financial solution to help individuals manage unexpected expenses and financial gaps.

Industry

Financial Other ServicePRIMARY

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Sokohela

Kenya

Founded in

01 Aug 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Security Information :

Company hasn't provided information.

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.