Company Information

Get to know Frata App

Frata is a financial technology company with a mission to financially connect the African diaspora to the continent. The company provides a mobile application that consolidates various financial services into a single platform. These services include multi-currency wallets, international money transfers, savings tools, and access to investment opportunities. Frata aims to empower its users by offering a simplified, accessible, and comprehensive solution for managing their finances, whether they are living abroad or on the African continent.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Frata App

Jordan

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.