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United States
2017 (9 Years)
Last online: No recent activity
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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.
Get to know Trupo
Company Information
Get to know Trupo
Founded by Sara Horowitz, also the founder of the Freelancers Union, Trupo was launched to address the lack of a traditional benefits safety net for the growing independent workforce. The company aimed to provide freelancers, consultants, and gig workers with access to affordable and portable benefits, including short-term disability, accident, and critical illness insurance. Trupo operated on a state-by-state basis due to insurance regulations. Despite raising seed funding and forming partnerships, the company announced it was ceasing operations in late 2020, citing the challenges of building a sustainable business in the complex US insurance market.
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