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Canada
2018 (8 Years)
Last online: No recent activity
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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.
Get to know ViaLenders
Company Information
Get to know ViaLenders
ViaLenders marketed itself as a modern financial services provider using technology to offer simple, fast, and transparent personal loans. The company's stated mission was to provide fair credit access to everyone by simplifying the lending process. However, the firm was identified by financial regulators as an advance-fee loan scam, soliciting upfront payments from applicants for loans that were never provided. Following multiple public warnings in late 2023, the company's website went offline and it appears to have ceased all operations.
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