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Switzerland
03 Mar 2015 (11 Years)
Last online: No recent activity
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This company is currently Unproved.
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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.
Get to know Advanon
Company Information
Get to know Advanon
Founded in 2015 in Zurich, Advanon AG was a fintech company that operated an online platform connecting small and medium-sized enterprises (SMEs) with investors. The platform enabled SMEs to pre-finance their open invoices, improving their cash flow, while offering investors short-term investment opportunities in a new asset class. The company expanded its operations into Germany and was a notable player in the invoice financing market in the DACH region. In June 2020, Advanon was acquired by its Swiss competitor, Creditgate24 (Schweiz) AG. The brand and platform were integrated into Creditgate24's offerings, and the "Advanon AG" legal entity was officially dissolved following the merger.
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