Company Information

Get to know BFREE

BFREE is a technology company that partners with financial institutions, primarily in emerging markets, to revolutionize the credit collection process. Founded in 2020, the company's mission is to improve consumer credit health by offering ethical and user-friendly debt recovery solutions. BFREE utilizes AI-powered technology, including automated communication, personalized settlement options, and financial literacy tools, to create a more humane and effective alternative to traditional, often aggressive, collection methods. Their platform helps lenders manage non-performing loans efficiently while empowering borrowers to resolve their debts sustainably.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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BFREE

Nigeria

Founded in

2020 (6 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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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.