Company Information

Get to know sytiamo micro-lending

Sytiamo Microfinance Bank Limited was incorporated in 2013 and commenced full operations in 2014 after being licensed by the Central Bank of Nigeria (CBN). The company's mission is to provide responsive and innovative financial services to unlock the potential of its clients, particularly low-income households and micro, small, and medium-sized enterprises (MSMEs). Sytiamo focuses on making a lasting impact by offering a range of products including loans, savings accounts, and other tailored financial solutions to foster economic growth and financial inclusion within Nigeria.

Industry

Financial BankingPRIMARY
Financial Other Service

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sytiamo micro-lending

Nigeria

Founded in

2019 (7 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.