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MONET
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12 Oct 2020 (5 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 MONET
Company Information
Get to know MONET
We provide revenue-based finance to creators in our business banking app, and through embedded lending in agency-style platforms via API. The company offers Creator Account and debit card that come with Instant Early Payment of invoices and multi-stream revenue management. With Monet, creators are continuously supported by specialist SaaS back-office tools and innovative risk-profiling to access financial support faster. Monet is live with thousands of creators, and has embedded it's EarlyPay lending within a large influencer platform.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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