Company Information

Get to know Mamo

Mamo is a Dubai-based fintech company with a mission to simplify finance and make it more accessible and user-friendly. Founded in 2019, the company initially launched as a peer-to-peer (P2P) payment app, "Mamo Pay," allowing users to send and receive money instantly using just a phone number or email address. It has since expanded its services to include "Mamo Business," a suite of tools for SMEs and freelancers to accept online payments, manage invoices, and streamline their financial operations through a secure payment gateway. Mamo is regulated by the Dubai Financial Services Authority (DFSA) as a Virtual Asset Service Provider (VASP).

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

Contact

Social

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Mamo

United Arab Emirates

Founded in

01 มิ.ย. 2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

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Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.