DS-Concept Granted a Category-2 License by the Dubai Financial Services Authority (DFSA)
DS-Concept Intelligent Trade Finance Limited (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority (DFSA). This license enables DS-Concept Factoring UAE to provide credit, advise on financial products or credit and arrange credit or deals in investments. Along with the new license, DS-Concept has moved their Dubai location to the Dubai International Financial Centre (DIFC), UAE, one of the world’s fastest growing financial centers.
“As we are based at DIFC, one of the largest financial centers in the world and regulated by DFSA, one of the most prestigious financial service regulators, we have all the right ingredients for continued success in the Middle East,” states Ankit Goel, Managing Director of DS-Concept Factoring UAE. “Obtaining this Category-2 license from the DFSA, in Dubai, is certainly a proud moment for DS-Concept as a group and a major milestone in our company’s history.”
The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, UK, China, Hong Kong and the United Arab Emirates as well as the headquarters in Germany. Combining credit protection, collections and financing into a single suite of trade finance products, DS-Concept brings streamlined and flexible working capital solutions to the world's exporters.
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