Country of company incorporation: United Kingdom

Type of the license: Authorised Electronic Money Institution (AEMI)

Permissions available within the API license:

• Services enabling cash placement on a payment account

• Services enabling cash withdrawals from a payment account
• Execution of payment transactions (not covered by a credit line)
• Execution of payment transactions (covered by a credit line)
• Issuing payment instruments or acquiring payment transactions
• Money remittance
• Issuing Electronic Money
• Account information services
• Payment initiation services

Year of company incorporation: 2019

Year of authorisation from FCA: 2021

Fines and warnings from FCA: none

Agents: none

Passportation: UK only

Share Capital: 350,000 GBP. The share capital is available on the account.

Directors: the company has two directors (both UK residents). Directors are ready to stay for the transition
period. MLRO is also ready to stay for the transition period.

Quantity of people on payroll: zero

Shareholders: the company directly belongs to 2 private individuals (both UK residents)

Financial reports: the last financial report was made for the year 2021.

Safeguarding accounts: the company has safeguarding in LHV (Estonia) and State Street (UK)

Business accounts: the company has a business account in Lloyds (UK)

Clients: the company has zero clients presently

MasterCard: the company is a principal member for card issuing and acquiring with MasterCard. Technical
integration with the processing centre was not yet done.

AML and Legal documents: the company has necessary Terms and Conditions, AML policies, procedures,
matrixes, as well as other policies and procedures required by law.

Information Commissioner's Office (ICO): the company has a registration in ICO.