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GetVanced
South Africa
2018 (7 Years)
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1.67
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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 GetVanced
Company Information
Get to know GetVanced
GetVanced is a Income advancing platform based on employee’s earned income. Millions of low-income workers live from one pay day to the next and are financially stressed. The most pressing everyday issue for South Africans is managing cash flow and the biggest issue is timing mismatches between income and expenses because they lack a savings buffer.
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- Financial Other ServicePRIMARY
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