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VeraScore
United States
Jun 2020 (5 Years)
Last online: No recent activity
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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 VeraScore
Company Information
Get to know VeraScore
VeraScore, a FinTech SaaS company, is the first company to objectively measure a consumer’s financial health. Credit scoring companies only measure a fraction of relevant data points, which makes lending riskier and costlier than necessary. By comprehensively evaluating more of the traditional financial data points for each individual, VeraScore provides lenders with an accurate, predictive method of assessing a consumer’s real financial health. For lenders, this will significantly increase revenue opportunities by unlocking new markets, increasing the pool of potential borrowers and lowering the risk of lending. Simultaneously, VeraScore empowers all consumers to build their financial health while becoming more attractive to lenders, thereby leveling the playing field for traditionally underserved markets and promoting financial literacy.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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