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United Kingdom
05 Mar 2018 (8 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 wamo
Company Information
Get to know wamo
wamo is a financial technology company focused on providing accessible and efficient financial solutions for small and medium-sized enterprises (SMEs) and global businesses. Its core offering is a digital business account that can be opened remotely, featuring multi-currency support, EU and UK IBANs, and physical and virtual Visa debit cards. The platform aims to simplify business finances by integrating payments, expense management, and cross-border transactions into a single application. Wamo operates as a licensed Electronic Money Institution in the EU through its Lithuanian entity, Wamo Technology UAB.
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