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Bynk
Sweden
2016 (9 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 Bynk
Company Information
Get to know Bynk
Bynk is a fintech company that provides personal loans, in a data-driven manner. Founded 2016 in Stockholm, Sweden, the company builds great products and services to help our customers take control over their economy and make everyday life simpler. Bynk base our services on the latest and leading technology stack and our team consist of world-class Fintech developers and entrepreneurs. The company launched in 2017.
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- Financial Other ServicePRIMARY
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