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GRID Finance
Ireland
2013 (12 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 GRID Finance
Company Information
Get to know GRID Finance
GRID Finance is transforming banking and financial services in Ireland by building innovative financial products for the connected generation. GRID Finance’s vision is to lead change in banking, both in Ireland and globally by building practical financial products that support and respond to people's modern lifestyles. They want these financial products to help real people, local businesses and community organisations to: - Access the money they need - Get a return on the money they have - Better manage and budget their money They believe that by creating an online community that finances itself through modern online financial products, the traditional idea of a community bank can be redefined and transformed to meet people’s changing financing needs. GRID Finance’s first product is a peer to peer financing platform called the GRID. The GRID connects those who have money with those who need it. The GRID allows real people to decide how to put their money to work by lending to local businesses, donating to community organisations and gifting to family and friends.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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