Company Information

Get to know Safaricom Sacco Ltd

Established in 2001, Safaricom Sacco Ltd was initially formed to provide a mechanism for Safaricom staff to save and borrow at affordable rates. It has since grown to become a leading Deposit-Taking Sacco (DT-Sacco) regulated by the Sacco Societies Regulatory Authority (SASRA) of Kenya. Its mission is to empower its members financially by offering a variety of savings, credit, and investment products, leveraging technology for efficient service delivery. Membership is open to employees of Safaricom PLC and other approved technology-oriented organizations, as well as their spouses and children.

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Financial BankingPRIMARY
Financial Other Service

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Safaricom Sacco Ltd

Kenya

Founded in

2001 (25 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.