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Credenc

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India

Founded in

2017 (8 Years)

Founded

Last online: No recent activity


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0.00

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2.67

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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 Credenc

    Credenc is a digital education loan platform for higher education that works as the digital finance desk of management colleges. The company's lending model provides financing to deserving students, which helps them access post-secondary education. After providing financial support, Credenc works with students and helps them with employability services, handholding applicants as they transition from student to professional life. The New Delhi-headquartered start-up was founded by Avinash Kumar and Mayank Batheja in 2017.

    Industry

    • Financial Other ServicePRIMARY

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