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Saudi Arabia
2015 (11 Years)
Last online: No recent activity
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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.
Get to know Rasan
Company Information
Get to know Rasan
Rasan Information Technology Company is a leading Saudi fintech firm focused on digitizing and simplifying the Kingdom's financial services landscape. Founded in 2016, the company develops and operates proprietary technology platforms that connect consumers with insurance companies and financial institutions. Its flagship products include "Tameeni," Saudi Arabia's first and largest online insurance aggregation platform, and "Treza," a platform for vehicle leasing. Rasan's mission is to create innovative, data-driven solutions that enhance efficiency and transparency for both consumers and businesses in the region. The company successfully launched its Initial Public Offering (IPO) on the Saudi Exchange (Tadawul) in 2024.
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