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Prodigy Networks
United States
2003 (22 Years)
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What are the differences in regulations for each
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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 Prodigy Networks
Company Information
Get to know Prodigy Networks
Prodigy Network’s crowd-investing model was developed as an innovative way to give smaller investors access to large real estate assets. They are headquartered in New York City and have offices in Miami, Florida, Bogota, Colombia and Montevideo, Uruguay. Prodigy Network and its affiliates have led six international and U.S.-based projects, raised more than $300 million from 6,200 investors around the world, and are currently developing projects globally with a projected value of more than $850 million. Major banks like Deutsche Bank, CIBC and Bank of America have provided traditional mortgage financing for Prodigy’s Manhattan projects. Well established operators and developers like Korman Communities have partnered up with Prodigy in the development of two Manhattan properties. Recently, Professor Karim Lakhani from Harvard Business School published a case study on Prodigy's work titled, Prodigy Network: Democratizing Real Estate Design and Financing. Prodigy believes that crowd-investing will democratize commercial real estate by providing a new investment opportunity for small investors, revolutionizing the industry.
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- Financial BankingPRIMARY
- Financial Other Service
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