Company Information

Get to know Tulix

Tulix is a fintech company that provides a mobile application to help people living abroad manage their finances back home. The platform's core mission is to provide transparency and control over remitted funds. Instead of just sending cash, users can add funds to their Tulix wallet and use it to directly pay for specific expenses in Kenya, such as utility bills (electricity, water, internet), school fees, and groceries. The service also allows users to create virtual US Dollar Visa cards that their dependents can use for shopping, ensuring the funds are used as intended.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

Contact

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Tulix

Kenya

Founded in

01 Dec 2020 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.