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India
2013 (13 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 Faircent
Company Information
Get to know Faircent
Founded in 2013, Faircent.com (operated by Fairassets Technologies India Pvt. Ltd.) is a pioneering peer-to-peer lending marketplace in India. It was the first P2P platform in the country to receive a Certificate of Registration as an NBFC-P2P from the Reserve Bank of India (RBI). The company's mission is to create an alternative financial ecosystem where borrowers can secure loans at competitive interest rates and lenders can earn higher returns on their investments compared to traditional financial instruments. The platform uses a robust, data-driven underwriting process to assess the creditworthiness of borrowers, facilitating a transparent and efficient process for both parties.
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