Company Information

Get to know Altara Credit Limited

Altara Credit Limited is a financial services company focused on increasing consumer purchasing power across Nigeria. Founded with a mission to make a convenient lifestyle accessible to everyone, Altara provides credit facilities to individuals with verifiable income, allowing them to purchase products from partner retail stores and pay in installments. Their core service is a point-of-sale financing solution, commonly known as "buy-now-pay-later," which aims to bridge the gap for consumers who are underserved by traditional banking and credit systems.

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Altara Credit Limited

Nigeria

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.

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.