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benfido
Germany
2021 (4 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 benfido
Company Information
Get to know benfido
First plug & play ecosystem for Beyond Banking that enables banks & issuers to initiate the (r)evolution of their payment products and customer experience. benfido bridges the gap between banking and everyday relevance, based on deep payment analytics. Different platform products like the first merchant-funded daily cashback platform, transforming every debit & credit card into a lifestyle card or carbon insights, activate customers and unlock additional revenues. Thanks to the AI-based SaaS architecture, clients of all sizes can deploy the most advanced customer engagement ecosystem in almost no time while advertisers can reach the right customers at the right time with the right product.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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