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Vietnam
06 Mar 2017 (9 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 Finhay
Company Information
Get to know Finhay
Founded in 2017, Finhay is a leading "wealthtech" company in Vietnam with a mission to democratize access to financial products for the country's young and emerging investor class. The platform allows users to start with very small amounts of money (micro-investing) and invest in a variety of financial instruments, primarily fund certificates from reputable fund management companies. In 2022, Finhay made a significant move by acquiring VinaSecurities, a licensed brokerage firm, which has since been rebranded to Finhay Securities. This strategic acquisition enables Finhay to offer direct stock trading services, expanding its product suite from a micro-investment app to a comprehensive digital wealth management platform.
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