Company Information

Get to know SamSamkring

SamSamkring is a modern "broodfonds" (bread fund), a type of informal insurance collective popular among entrepreneurs in the Netherlands. It operates as a network where members support each other financially during periods of sickness. Instead of paying premiums to a traditional insurer, members deposit money into their own dedicated account and make donations to sick members within their group from this account. The model is based on mutual trust and community, offering an alternative to formal disability insurance. SamSamkring is an initiative of BroodfondsMakers, an organization specializing in setting up and facilitating these collectives.

Industry

Financial InsurancePRIMARY
Financial Other Service

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SamSamkring

Netherlands

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 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.