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Rondoo
Colombia
01 Sep 2021 (4 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 Rondoo
Company Information
Get to know Rondoo
There are 160 million users of electronic devices like smartphones and laptops in LatAm. This market is representative of $130 billion dollars, in which the average cost of a device is 30% higher than in the U.S., and which only 55% of the population is banked. Consumers have few options to access new devices, as only a few of rental companies exist and only offer service to the banked population which only 30% access to use financial services due the difficulties of the process. Rondoo is a fintech company that offers flexible subscriptions to electronic devices like smartphones and laptops, rented or financed, to the general public on the most convenient terms, from 1 to 24 months..
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- Financial Other ServicePRIMARY
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