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United States
2017 (9 Years)
Last online: No recent activity
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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.
Get to know Cred
Company Information
Get to know Cred
Founded in 2018 by Kunal Shah, Cred is an Indian fintech company based in Bengaluru. The company's primary service is a mobile application that allows users to pay their credit card bills, catering exclusively to individuals with high credit scores. Cred's mission is to celebrate and reward creditworthy individuals. In exchange for timely bill payments, users earn "Cred Coins," which can be redeemed for rewards, discounts on various brands, and access to curated products and experiences through its in-app marketplace. Over time, Cred has expanded its offerings to include rent payments (Cred RentPay), personal loans (Cred Cash), and a P2P lending feature (Cred Mint).
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