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United Kingdom
2017 (9 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 simply business loans
Company Information
Get to know simply business loans
Simply Business is one of the UK's largest business insurance brokers, dedicated to serving small businesses, landlords, and the self-employed. Expanding beyond insurance, the company launched its "Simply Business Loans" service, which operates as a credit broker, not a direct lender. It leverages its platform to match businesses seeking finance with a curated panel of alternative lenders, simplifying the process of securing unsecured business loans, merchant cash advances, and other forms of funding. The company was founded in 2005 and was acquired by The Travelers Companies, Inc. in 2017.
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