Company Information

Get to know Fon Radar

Fon Radar is a Turkish fintech company that has developed a digital marketplace for invoice financing. Its platform enables Small and Medium-sized Enterprises (SMEs) to upload their forward-dated invoices and receive competitive financing offers from a network of banks and financial institutions. The company's mission is to provide SMEs with fast, easy, and transparent access to working capital, helping them manage cash flow effectively by unlocking the value tied up in their accounts receivable.

Industry

Financial FundraisingPRIMARY
Financial Other Service

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Fon Radar

Turkey

Founded in

28 Aug 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

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.

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.