Company Information

Get to know UNITEL Money

UNITEL Money is a financial technology company and a subsidiary of the leading Angolan telecommunications operator, UNITEL S.A. Launched to promote financial inclusion across Angola, it offers a mobile money service that allows users to conduct a variety of financial transactions using their mobile phones. Core services include sending and receiving money, paying for goods and services at partner merchants, purchasing mobile airtime, and paying utility bills. The service is accessible via a mobile application and USSD codes, designed to be available to both smartphone and feature phone users, thereby reaching a broad segment of the Angolan population.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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UNITEL Money

Angola

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.

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.