Company Information

Get to know paragon bank technology finance

Paragon Bank PLC is a specialist British bank, part of the FTSE 250 listed Paragon Banking Group. Established as a bank in 2014, it focuses on providing savings products and a range of specialist lending services to both consumers and businesses in the UK. The Technology Finance division operates within its Asset Finance arm, offering tailored financial products like hire purchase and finance leases to help small and medium-sized enterprises (SMEs) invest in technology assets, from IT hardware and software to telecommunications and audiovisual equipment, thereby supporting their growth and operational efficiency.

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Financial Other Service

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paragon bank technology finance

United Kingdom

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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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.