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United States
2014 (12 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 Bento for Business
Company Information
Get to know Bento for Business
Founded in 2014, Bento for Business offers a comprehensive financial operating platform for small and mid-sized businesses. Its core service revolves around providing smart corporate debit cards (Visa®) that allow businesses to set spending limits and controls for employees in real-time. The platform aims to simplify expense management, eliminate expense reports, and provide better visibility into company spending. In November 2021, Bento for Business was acquired by U.S. Bank to enhance its business banking payment solutions. The card services are provided in partnership with a chartered bank (The Bancorp Bank).
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