Company Information

Get to know OpenCollective

OpenCollective provides a legal and financial toolbox to help communities raise money and share their finances transparently. Founded in 2015 as a Public Benefit Corporation, its mission is to enable groups like open-source projects, mutual aid networks, and social movements to operate sustainably. The platform utilizes a "fiscal host" model, where a legal entity holds funds on behalf of the collective, handling accounting, taxes, and payments, thus allowing the community to focus on its mission without needing to create its own legal entity.

Industry

Financial FundraisingPRIMARY
Financial Banking
Financial Other Service

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OpenCollective

United States

Founded in

05 Oct 2015 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

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.

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.