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Grofin Limited

Papua new Guinea

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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FSCA

Security Information

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.

Company Information

Get to know Grofin Limited

Company Information

Get to know Grofin Limited

Founded in 2004, Grofin was a specialized financier and advisor for small and growing businesses (SGBs) in emerging markets. Its mission was to address the "missing middle" financing gap by providing risk capital and comprehensive business support to entrepreneurs who are typically considered too large for microfinance but too small or risky for traditional banks. In 2020, Norfund (the Norwegian Investment Fund for developing countries) acquired Grofin. The company and its operations are now being fully integrated into Norfund, continuing the mission of fostering job creation and sustainable development through SME investment under the Norfund umbrella.

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