Company Information

Get to know Kipochi

Kipochi was a fintech startup launched around 2013 that provided a user-friendly Bitcoin wallet. Its primary mission was to leverage Bitcoin's global network to offer cheaper and faster financial services, particularly in emerging markets. The company's key innovation was its integration with Kenya's popular M-Pesa mobile money platform, allowing users to easily convert between Kenyan Shillings and Bitcoin. However, in late 2014, Safaricom, the operator of M-Pesa, blocked Kipochi from its network, which was a critical blow to the company's business model and led to its eventual closure.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Kipochi

United Kingdom

Founded in

Jan 2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.