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United Arab Emirates
22 Jan 2020 (6 Years)
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.
Get to know Spotii
Company Information
Get to know Spotii
Founded in Dubai in early 2020, Spotii is a technology-driven payments company focused on the Gulf Cooperation Council (GCC) region. Its core service allows consumers to pay for goods in four equal, interest-free installments, both online and in-store. The company's mission is to empower a new generation of shoppers with payment flexibility and support local businesses by boosting sales and customer loyalty. In May 2021, Spotii was acquired by Zip Co, a global leader in the BNPL space, to accelerate its expansion in the Middle East.
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