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Malaysia
2019 (7 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 Versa Asia
Company Information
Get to know Versa Asia
Launched in 2021, Versa is a fintech company regulated by the Securities Commission Malaysia as a Recognised Market Operator (e-Service Platform). Its mission is to make saving and investing simple, accessible, and affordable for everyone. The platform offers a suite of products including Versa Cash (investing in money market funds), Versa Invest (access to globally diversified and managed funds), and Versa Gold (investing in physical gold). Versa aims to empower Malaysians to achieve their financial goals by providing low-risk and user-friendly investment options through its mobile application.
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