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United Kingdom
2016 (10 Years)
Last online: No recent activity
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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 MortgageGym
Company Information
Get to know MortgageGym
Founded in 2016, MortgageGym was a financial technology company that aimed to streamline the mortgage application process for UK homebuyers. It developed the world's first mortgage robo-adviser, which combined a free eligibility check, affordability calculations, and real-time mortgage matching from over 90 lenders. The platform was designed to provide users with a "mortgage in principle" within 15 minutes. Despite raising significant funding, the company faced financial difficulties and fell into administration in March 2020, with its assets, including its technology platform and brand name, being acquired by Experian in August 2020.
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