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Nigeria
2021 (5 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 UfitPay
Company Information
Get to know UfitPay
UfitPay is a digital payment platform designed to simplify transactions for businesses and individuals across Africa. Operating as a product of NetApps Technology Limited, which is licensed by the Central Bank of Nigeria (CBN) as a Payment Solution Service Provider (PSSP), UfitPay offers a suite of services including a robust payment gateway, invoicing solutions, payment links, and agency banking services. The company's mission is to empower African businesses by providing the tools they need to accept payments easily, manage finances efficiently, and scale their operations in the digital economy.
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