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Tanda
Jordan
01 Jan 2020 (5 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 Tanda
Company Information
Get to know Tanda
Tanda is a financial solutions platform that capitalizes on the need for alternative banking products in a region characterized with high financial exclusion. We currently offer a digitized ROSCA and are continuously adding new financial products to serve the financially un- and underserved adult population in the region, specifically women. Tanda believes that an overall lack of financial services that represents the nature of demand in the Arab World has led to the exclusion of many women in the Arab World from accessing financial services. By addressing that, we would give the previously un- and underserved women and vulnerable segments the ability to participate in the economy while consuming products that improve their financial health. Tanda aims to target the unbanked and underserved segments in an effort to provide a formal financial system designed to suit their needs and financial standing. This is important in the movement towards this segment having consolidated payment platforms.
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- Financial Other ServicePRIMARY
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