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France
17 Sep 2013 (12 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 Weeleo
Company Information
Get to know Weeleo
Weeleo SA is a Belgian fintech company that has developed a mobile application to facilitate international cash exchange among travelers. Its mission is to create an innovative, secure, and cost-effective peer-to-peer network, allowing users to bypass traditional currency exchange services with high fees and unfavorable rates. The platform connects individuals who have a specific currency with others who need it, enabling them to meet and exchange physical cash based on the mid-market exchange rate, with Weeleo charging a small commission. The service is built on principles of community, security, and transparency.
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