India, 30th July 2024: PeepalCo, the parent brand entity of CoinSwitch and Lemonn, has successfully achieved ISO/IEC 27001:2022 certification, highlighting its dedication to implementing robust information security practices. CoinSwitch, India’s largest crypto platform, and Lemonn, a growing investment app for stocks and mutual funds, are both housed under PeepalCo with a mission to make ‘money equal for all’.
ISO/IEC 27001:2022 is the latest version of the internationally recognized standard for information security management systems (ISMS), focusing on the establishment, implementation, maintenance, and continuous improvement of an organization’s ISMS. By obtaining this certification, PeepalCo has demonstrated its commitment to protecting sensitive information and ensuring confidentiality.
Sharing his views on the achievement, Ashish Singhal, Co-Founder and Group CEO, PeepalCo said “This certification is a testament to our dedication to enhancing information security. Security and compliance has been paramount for us since inception and this achievement underscores our pledge to uphold the highest standards in safeguarding sensitive data and maintaining the trust our stakeholders have placed in us.”
By adhering to ISO guidelines, organizations strengthen their defenses against cyber threats, unauthorized access, and fraudulent activities.
The accreditation not only affirms the stringent security measures in place but also builds trust in an increasingly digital and interconnected business environment by showcasing the proactive steps the company has taken to safeguard user data.
To achieve ISO 27001 certification, the company has undergone comprehensive audits and assessments to ensure that the systems and processes meet internationally recognized standards. These standards mandate the implementation of proactive measures like risk assessment, regular security audits, employee training, and continuous improvement practices.
PeepalCo will continue to build on its promise of providing robust mechanisms to its users and will conduct regular audits ensuring the strict implementation of ISO/IEC 27001:2022 standard.
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About PeepalCo
PeepalCo is a house of brands, serving India with tailored wealth-tech products, Making Money Equal for All. Founded by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari, PeepalCo’s products include CoinSwitch and Lemonn. The Group is backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Peak XV Partners (formerly Sequoia Capital India), Ribbit Capital, Paradigm, and Coinbase Ventures.
