Company Information

Get to know Akouba

Originally founded in 2014 and based in Chicago, Akouba was a fintech company that developed a cloud-based, white-label platform to help financial institutions, such as banks and credit unions, streamline their commercial and small business lending processes. The platform digitized the entire loan application, underwriting, and approval workflow, reducing processing time from weeks to days. In November 2018, Akouba was acquired by Velocity Solutions, LLC. The Akouba platform has since been integrated into Velocity Solutions' product suite, expanding its offerings to include a comprehensive digital solution for consumer and business account opening and loan origination.

Industry

Technology White Label PlatformPRIMARY
Financial Banking
Financial Other Service

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Akouba

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.

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.