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Canada
2015 (11 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 Lendified
Company Information
Get to know Lendified
Lendified Inc. is a Canadian fintech company that provides online loans and financial services to small and medium-sized businesses (SMEs). Founded to address the financing gap left by traditional lenders, the company leverages a proprietary data-driven, AI-powered credit adjudication platform to offer quick credit decisions and funding. In addition to direct lending, Lendified also licenses its underwriting and loan management software, known as JUDI, to other financial institutions as a SaaS solution. In March 2021, the company filed for and was granted creditor protection under the CCAA, subsequently undergoing a successful restructuring and exiting CCAA protection in January 2022 to continue its operations.
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