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Solid Number
United States
14 Sep 2018 (7 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 Solid Number
Company Information
Get to know Solid Number
Solid# is a payments company that is specialized in real time employee disbursements. Solid# gives any employer the power to speed up the payment process through a simple payments gateway - eliminating the headache of cutting checks, keeping cash on hand or purchasing expensive gift cards. Solid# offers debit card programs combined with an innovative online and mobile banking platform that allows users to create sub cards for any budget, load or unload their cards in real time, and send or receive money with anyone in the card network (P2P). The Solid# platform allows businesses to track disbursements, view real time transaction data, and connect transactions to their payroll or accounting systems. Solid# focuses on making this process seamless, easy and efficient for employers everywhere. The company was founded by Adam Campbell and Michael Clark in 2018.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Technology Software Development
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