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Ethiopia
2009 (17 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 M-BIRR
Company Information
Get to know M-BIRR
Launched in 2015, M-BIRR is a pioneering mobile money service in Ethiopia, developed and managed by M-BIRR ICT P.L.C. The platform enables users to deposit, withdraw, and transfer money, as well as pay for bills, goods, and services directly from their mobile devices. Operating in partnership with all major banks, microfinance institutions (MFIs), and other financial entities in Ethiopia, M-BIRR's mission is to provide accessible, convenient, and secure financial services to the entire population, including unbanked and underbanked communities, thereby fostering financial inclusion across the country.
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