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Brazil
Jan 2019 (7 Years)
Last online: No recent activity
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Warning
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 Cora
Company Information
Get to know Cora
Founded in 2020 by Igor Senra and Leonardo Mendes, Cora is a fintech company focused on serving freelancers, small business owners, and SMEs in Brazil. After receiving its license as a Sociedade de Crédito Direto (SCD) from the Central Bank of Brazil, the company launched its digital business account. Cora's mission is to simplify financial management for entrepreneurs by offering services such as free business accounts, unlimited issuance of payment slips (boletos), payment management, business debit and credit cards, and automated collections, all through a user-friendly mobile and web application.
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