Company Information

Get to know AloStar

Founded in 2011, AloStar Bank of Commerce operated as a specialized commercial bank focused on serving the needs of medium-sized businesses. Its primary offerings included asset-based and cash flow lending, factoring, and equipment financing. The company aimed to provide flexible and creative financing solutions to businesses that were often underserved by larger, traditional banks. In July 2017, State Bank Financial Corporation announced its intention to acquire AloStar, and the merger was officially completed in March 2018. The operations of AloStar were integrated into State Bank, which later became part of the modern-day Cadence Bank.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

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AloStar

United States

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.