Company Information

Get to know Medallion Financial Group

Founded in 1996, Medallion Financial Corp. began by providing financing for taxi medallion owners and operators in major U.S. cities. While it maintains a presence in that sector, the company has significantly diversified its portfolio. Through its subsidiaries, including Medallion Bank, it now focuses on consumer lending, primarily for the purchase of recreational vehicles and boats, as well as commercial lending to a variety of small to mid-size businesses. Medallion Financial Corp. operates as a business development company (BDC) and is publicly traded on the Nasdaq stock exchange under the ticker symbol MFIN.

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Medallion Financial Group

United States

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

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.

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.