A

Advanon

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Switzerland

Founded in

03 Mar 2015 (10 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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    What are the differences in regulations for each

    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.

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    Company Information

    Get to know Advanon

    Based in Zurich, Switzerland, Advanon is an invoice financing platform that offers a flexible method to get invoices pre-financed by numerous financial investors. The platform provides small- and medium-sized enterprises with the option to pre-finance their open invoices, allowing them to avoid the necessity of waiting for 30 to 120 days for their customers to pay. Launched by Phil Lojacono, Philip Kornmann, and Stijn Pieper in 2015, Advanon is an authorized financial intermediary that is directly subordinated to FINMA according to the Anti Money Laundering Act.

    Industry

    • Financial Other ServicePRIMARY

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