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Multicent
United States
29 Oct 2021 (4 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 Multicent
Company Information
Get to know Multicent
Multicent is all-in-one global financial services and technologies company. that specializes in digital banking, stock brokerage, cryptocurrencies exchange platform and it provide digital business accounts, corporate credit cards, merchant services and payment processing for e-commerce and retails businesses around the world. Multicent allows customers to open a free digital account to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission. Multicent also helps growing companies and small businesses around the world comfortable storing money, spend, save, and earn smarter and get more money for their business—by doing more than a bank, bookkeeping, or reward program could ever do alone. The startup offers equity, digital cash management accounts, cryptocurrency, options trading, and provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds. The company was established in 2021 by Joshua S. Oduyemi and is headquartered in San Francisco, California.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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