Company Information

Get to know Bidu

Founded in 2011 in Brazil, Bidu Corretora de Seguros was one of the country's first digital insurance brokers (insurtech). The company's mission was to simplify the process of researching, comparing, and purchasing insurance policies for consumers. Their online platform offered a range of products, including auto, home, travel, and life insurance, from multiple providers. In 2020, Bidu was acquired by Banco BMG to accelerate the bank's expansion into the insurance market. The Bidu brand and its technology have since been integrated into BMG's financial services ecosystem.

Industry

Financial InsurancePRIMARY
Financial Other Service

Contact

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Bidu

Brazil

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.