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Poland
2004 (22 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 Open Finance
Company Information
Get to know Open Finance
Founded in 2004, Open Finance S.A. grew to become one of the largest financial advisory and intermediation firms in Poland. The company's core business was providing advisory services to individual and business clients, helping them choose and acquire financial products such as mortgage and cash loans, investment funds, and insurance policies from various financial institutions. As part of the Getin Holding group, it had a significant presence across Poland. However, the company faced severe financial difficulties and regulatory scrutiny, particularly related to its role in the mis-selling of high-risk GetBack S.A. corporate bonds, which ultimately led to its declaration of bankruptcy in late 2022.
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