Company Information

Get to know Snips

Founded in 2013 by Rand Hindi, Maël Primet, and Michael Fester, Snips specialized in creating an end-to-end voice recognition platform that ran directly on devices, without needing to send user data to the cloud. This "private-by-design" approach was its key differentiator, focusing on user privacy in the AI assistant market. The company provided tools for developers and businesses to integrate customizable voice assistants into their products. In November 2019, Snips was acquired by the consumer electronics company Sonos for approximately $37.5 million. Following the acquisition, Sonos integrated the Snips team and technology to enhance its own voice control experiences and subsequently shut down the public Snips platform.

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Snips

United Kingdom

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.