Company Information

Get to know STRANDS

Founded in 2004, Strands is a FinTech pioneer that develops highly-customizable digital money management software for financial institutions worldwide. Leveraging artificial intelligence and machine learning, their core solutions, such as Personal Financial Management (PFM) and Business Financial Management (BFM), help banks to better understand and engage with their retail and business customers. The company's mission is to empower individuals and businesses to manage their finances more intelligently through technology provided to their banks. In early 2020, Strands was acquired by CRIF, a global company specializing in credit bureau services and business information, to strengthen CRIF's portfolio of digital solutions for the financial industry.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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STRANDS

United States

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.