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ezbob
United Kingdom
01 Nov 2011 (13 Years)
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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 ezbob
Company Information
Get to know ezbob
ezbob is a pioneer in the rapidly growing ‘lending-as-a-service’ (LaaS) sector. We offer a best-in-class modular and end-to-end lending solution and guide banks and financial institutions through complex digital transformation. ezbob offers an open platform that enables financial institutions to build, launch and operate financial products for their customers, drawing on the data-rich open banking environment. It has cut loan servicing costs for clients by up to 80%, whilst allowing their SME customers to receive a lending decision in just 7 minutes, with funds transferred on the same day. It’s proving a game changer for the lending sector. In 2019, ezbob won ‘Best Fintech Partnership’ in The Banker’s Tech Projects Awards for the company’s Smart Onboarding product and was also a winner in the Banking Technology Awards, organised by FinTech Futures.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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