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Finext

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Singapore

Founded in

01 Jan 2022 (3 Years)

Founded

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0.00

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1.67

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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 Finext

    Cloud Financial Management | Track, Control & Plan Your Personal Finance Automatically We enable our users to track their expenses across different banks and e-wallets, and project the data in just one view on our platform. Using our Machine Learning technology, we are able to categorise your expense details automatically and accurately. Our vision is to become users' one-stop solution for their personal finances, from their banks, and e-wallets to their investments & insurances. Founded this FinTech startup in Jan 2022, achieved World Top150 in X-Pitch 2022 against 4000+ other startups, one of Asia's largest pitching competitions, Malaysia's Top5 Finalist in JCI Enterprise 100, a Malaysia-based accelerator program, and many more competitions to achieve.

    Industry

    • Financial Other ServicePRIMARY
    • Technology Software Development

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