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Aura Financial
United States
2012 (13 Years)
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Security Information
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 Aura Financial
Company Information
Get to know Aura Financial
Aura is a technology-powered, Community Development Financial Institution that provides fair, affordable loans to working families in America. Aura's mission is to build financially healthy low-income communities, by providing empowering financial services to underbanked and unbanked. Aura uses its proprietary scoring algorithms to review and approve credit applications and offers free credit scores and personalized expense management guidance to borrowers, allowing the working population to access loans in a simplified manner. Aura was founded in 2014 and is headquartered in San Francisco, California, USA.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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