Company Information

Get to know Spring Labs

Founded in 2017 in response to major data breaches, Spring Labs aims to revolutionize how sensitive information is shared. The company is developing the Spring Protocol, a blockchain-based network that allows participants, such as financial institutions, to exchange verified information without sharing the underlying personal data. Their core mission is to enhance data security, reduce fraud, and lower compliance costs. Their key products, like "kyc'd," provide collaborative solutions for customer onboarding and ongoing monitoring, addressing critical KYC (Know Your Customer) and AML (Anti-Money Laundering) challenges.

Industry

Technology KYCPRIMARY
Financial Other Service

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Spring Labs

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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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.

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.