Company Information

Get to know Fraxion SRL

Fraxion is a comprehensive spend management solution designed for mid-market businesses to control and streamline their purchasing and expenses. The company provides a unified cloud platform for procurement, purchase order management, expense tracking, and AP invoice automation. Its mission is to empower finance teams with visibility and control over company-wide spending. The current iteration of Fraxion was established through the merger of two established procurement software providers, eRequester (founded in 1999) and Fraxion (founded in 2006), combining decades of experience in the procure-to-pay space.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Fraxion SRL

Dominican Republic

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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(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.