Company Information

Get to know Kikoba

Kikoba provides a platform to digitize the operations of informal savings groups, commonly known as "chamas" or "stokvels". The application serves as a transparent ledger, allowing groups to track contributions, manage loans, and record all financial transactions efficiently. The company's mission is to foster financial inclusion and transparency for these community-based savings circles by replacing traditional paper-based bookkeeping with a secure and user-friendly mobile solution.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Kikoba

Tanzania

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

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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.