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Solutions by Text
United States
01 Jan 2008 (17 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 Solutions by Text
Company Information
Get to know Solutions by Text
Solutions by Text (SBT) was formed in 2008 with the mission to deliver impactful conversational messaging for businesses through SMS. Built on the hard-earned trust of the SMS industry, SBT is the only compliance-first provider of enterprise texting solutions in the market. SBT has a diverse customer base with over 1500 customers focusing on Consumer Finance and other regulated markets. In 2021, SBT took a strategic investment from Edison Partners to accelerate growth as the first FinText™ company. Solutions by Text’s vision is to bring real-time payments to the SMS channel, creating a seamless and optimized payments experience for our clients and their customers.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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