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Loanplus
Malaysia
01 Sep 2014 (11 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 Loanplus
Company Information
Get to know Loanplus
Loanplus provides innovative Loan Screening Solutions for Property Developers & the Automotive industry. The company provides fast and accurate loan screening results across 15 banks, and also comprehensive end-to-end loan application and approval tracking. Pitch: A growing SaaS business targeted at the property and automotive industries. Owns patents in several countries for proprietary credit evaluation and loan screening technology. South East Asia expansion plans underway. Stage: Seed (Information available upon request)
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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