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Lexop
Canada
15 Feb 2016 (9 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 Lexop
Company Information
Get to know Lexop
At Lexop, we believe customers should be valued at all times, even when they're late on their bills. Yet, the process of paying an outstanding bill remains complex, rigid, and outdated. Our customer-centric software-as-a-service helps world-class companies remove frictions from collections by offering the most flexible and self-service payment experience to their past-due customers. Lexop is a fast-growing Montreal-based Fintech that's leading a change within the collections industry and impacting the lives of tens of thousands of people everyday. Lexop was launched in 2016 and is based in Montreal. Since then, the company has participated in the world-renowned accelerator programs of 500 Startups and FounderFuel, won numerous awards, and was nominated as “most promising startup” by NACO (National Angel Capital Organization).
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Technology Software Development
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