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New10 B.V.
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02 Jan 2017 (8 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 New10 B.V.
Company Information
Get to know New10 B.V.
New10 B.V. helps owners of SME businesses to finance their plans and ambitions for growth. Our goal is to set the new norm in SME lending by offering a fully digital application process from uploading financials to signing contracts. New10 provides the credit decisions within 15 minutes with clear conditions and insights of the applicant’s financial health. Entrepreneurs can complete their application wherever and whenever they like. Fast, simple, and clear. New10 is initiated by ABN AMRO Bank N.V. and combines the financial knowledge and expertise of the bank with the agility and advanced technologies of a start-up.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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