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2018 (8 Years)
Last online: No recent activity
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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 Solfy
Company Information
Get to know Solfy
Solfy is a financial technology brand specializing in interest-free installment payment plans, commonly known as a BNPL service. It operates as a product offered in partnership with established banks rather than a standalone financial institution. The service provides customers with a "Solfy card" which can be used to purchase goods and services from a network of partner merchants and pay for them over a set period in equal, interest-free installments. The business model is primarily focused on the CIS region, with major operations in Belarus through MTBank and in Uzbekistan through InfinBANK. The brand was previously active in Russia in partnership with Sovcombank before the portfolio was sold.
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