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ASEAN Fintech Group Ltd
Singapore
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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.
Company Information
Get to know ASEAN Fintech Group Ltd
Company Information
Get to know ASEAN Fintech Group Ltd
ASEAN Fintech Group (AFG) is a venture corporation led by people who are former founders/operators or C-suites of successful technology companies. With our finger on the pulse of the ASEAN startup ecosystem, AFG is building an integrated Fintech Value Chain through innovation, network and scale across four verticals; Payments, Lending/BNPL, Insurtech and Digital Wealth Management. By leveraging the AFG footprint, we fast track interoperability across the high regulated fintech landscape. With ready ASEAN financial licenses and quick market access, AFG helps our businesses scale up through efficient capital provision, tech, infrastructure support and an extensive network of key decision-makers and KOLs from various sectors and businesses. AFG deploys our lending capital through a myriad of risk factor considerations. At AFG, we understand how potentially difficult the task of treading the fine line of being conservative whilst pursuing growth. With AFG, we help identify where and when value is created to maximise ROI smartly.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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