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PriyoShop
Bangladesh
29 Jan 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 PriyoShop
Company Information
Get to know PriyoShop
In Bangladesh 5 million mom and pop shops are executing 97% of retail transactions. While collecting inventories these small retailers are facing inefficient and expensive sourcing, lack of access to credit, and no digitalization. Here PriyoShop comes as the on-demand and asset-light B2B marketplace to connect brands directly to micro-merchants to fix fragmented supply chain. Currently we generate 1 million dollar GMV per week with double digit growth week on week. Please connect us to know more about how we are simplifying procurement process and empowering MSMEs.
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