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South Korea
2020 (6 Years)
Last online: No recent activity
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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.
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.
Get to know Dongnae
Company Information
Get to know Dongnae
Founded in 2015 in South Korea as Danggeun Market, Karrot is a C2C (consumer-to-consumer) marketplace platform centered on neighborhoods, or "dongnae" in Korean. The company's mission is to foster a sense of local community and promote a circular economy by making it easy for users to buy and sell used goods with people in their immediate vicinity. Beyond its marketplace function, Karrot has expanded to include local business profiles, job boards, and community forums, evolving into a "super app" for local life. The service verifies users based on their physical location to ensure trust and relevance within the community.
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