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Nigeria
2019 (7 Years)
Last online: No recent activity
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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.
Get to know Fundall
Company Information
Get to know Fundall
Fundall is a financial technology company that operates as a digital bank, aiming to be a one-stop shop for the financial needs of Africans. Through its platform, users can access services typically offered by traditional banks but in a fully digital environment. Key offerings include spending accounts with virtual and physical cards, various automated savings plans (e.g., Lifestyle Target, Fixed Dollar), and access to investment products like Nigerian Treasury Bills and Mutual Funds. Fundall itself is not a licensed bank but provides its banking services in partnership with Providus Bank PLC, which is licensed by the Central Bank of Nigeria. Its investment services are provided by its licensed subsidiary, Fundall Asset Management Ltd.
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