Company Information

Get to know Harare Receivables Exchange

Harare Receivables Exchange (HREx) is a regulated financial platform established to address the liquidity challenges faced by Small and Medium-sized Enterprises (SMEs) in Zimbabwe. The exchange provides a transparent and efficient online marketplace where businesses (Sellers) can sell their future-dated invoices and other receivables to investors (Buyers) at a discount. This process, known as invoice financing or factoring, allows SMEs to unlock cash tied up in unpaid invoices, improving their cash flow for operations and growth. For investors, the platform offers an alternative short-term investment asset class. HREx is licensed and regulated by the Securities and Exchange Commission of Zimbabwe (SECZIM) as a securities exchange.

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Harare Receivables Exchange

Zimbabwe

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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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.