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Indonesia
2016 (10 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
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 AFTECH
Company Information
Get to know AFTECH
Asosiasi FinTech Indonesia (AFTECH) was officially appointed by the Indonesian Financial Services Authority (OJK) as the industry association for digital financial innovation and fintech operators. Established in 2016, its mission is to foster a responsible, innovative, and globally competitive fintech ecosystem in Indonesia. AFTECH facilitates collaboration among its members, engages in policy advocacy with regulators like OJK and Bank Indonesia, and promotes financial literacy and inclusion through technology. The association represents a diverse range of fintech verticals, including digital payments, peer-to-peer lending, digital banking, and more.
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