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Saudi Arabia
2019 (7 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 Lendo
Company Information
Get to know Lendo
Founded in Sweden in 2007, Lendo is a financial technology company that operates a digital comparison platform for consumer credit and other financial products. Its mission is to empower consumers and business owners to make smarter and more informed financial decisions by providing transparency and a simple way to compare offers from multiple banks and lenders with a single credit application. Originally focused on the Swedish market, Lendo has since expanded its operations to several other European countries and is part of the Norwegian media group Schibsted.
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