Company Information

Get to know iCare Benefits Group

iCare Benefits Group was a for-profit social enterprise, operating under its parent company Mobivi, founded to improve the well-being and financial stability of factory and low-wage workers. The company partnered directly with employers to offer their staff access to a unique benefits program. This program allowed employees to purchase essential products and services—such as electronics, home appliances, groceries, and healthcare—through interest-free, salary-deducted installment plans. The mission was to provide workers with a sustainable and affordable alternative to high-interest informal lenders, thereby enhancing their quality of life, reducing financial stress, and increasing workplace productivity.

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iCare Benefits Group

Singapore

Founded in

2013 (13 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.