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finleap connect
Germany
01 Sep 2019 (6 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 finleap connect
Company Information
Get to know finleap connect
finleap connect is the leading, independent Open Banking platform provider in Europe. It enables companies across a multitude of industries to provide the next generation of financial services by understanding how customers transact and interact. With its “full-stack” platform of solutions, finleap connect makes it possible for its clients to compliantly access the financial transactions data of customers, enrich said data with analytics tools, provide digital banking services and deliver high-quality, digital financial services products and solutions to customers. finleap connect is a regulated payment institution under the Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG). The company employs over 160 people from more than 35 countries in its offices in Berlin, Hamburg, Milan, Madrid and Paris.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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