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India
Mar 2018 (8 Years)
Last online: No recent activity
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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.
Get to know Recordent
Company Information
Get to know Recordent
Recordent is a B2B fintech platform designed to address cash flow challenges faced by businesses, particularly Micro, Small, and Medium Enterprises (MSMEs) in India, due to delayed payments. The company operates a unique credit reporting mechanism where businesses can report both positive and negative payment behaviors of their commercial clients. This data contributes to a commercial credit report, incentivizing debtors to make timely payments to maintain a good credit history. The platform also provides tools for automated payment reminders, digital payment collection, and assistance with dispute resolution and legal notices to streamline the entire accounts receivable and collections process.
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