Company Information

Get to know Laboremus Uganda

Founded in 2013 by Norwegian investors, Laboremus Uganda is a financial technology company dedicated to digitizing the financial sector in East Africa. The company develops innovative software solutions for banks and other financial institutions, with a core focus on digital customer onboarding and Know Your Customer (KYC) processes. Their flagship product, Kono, utilizes biometrics and AI to provide secure and efficient identity verification, helping businesses reduce fraud, improve compliance, and enhance the customer experience.

Industry

Technology KYCPRIMARY
Financial Other Service
Technology Software Development

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Laboremus Uganda

Uganda

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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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.