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Splintr
United Arab Emirates
14 May 2019 (6 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 Splintr
Company Information
Get to know Splintr
Splintr is a new way of payments in the MENA region, leading the BNPL movement in the region we’re leveraging technology to achieve financial inclusion for millions of online shoppers. We extend instant credit in the form of micro-loans at the point of checkout across multiple shopping categories, our product is keen on enabling people to have what they want when they want it. The company was founded in Dubai, UAE being tunnel vision focused on tackling the COD dilemma for the eCommerce ecosystem & the adaption of credit for online shoppers. We’ve managed to build one of the most innovative credit scoring technologies that’ll enable millions of people to buy now and pay later.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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