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- Need assistance with an emoney or payments authorisation or an account information service provider or virtual asset services provider registration application, check out Fintech Ireland and CompliReg's handy authorisation guides at https://fintechireland.com/fintech-authorisations.html.
LinkedIN Post here - https://www.linkedin.com/posts/peteroakes_fintech-electronicmoney-paymentservices-activity-7196152095165554690-A9Q2
Fortuna Digital Custody Limited and ACE Money Transfer Limited join the Fintech Ireland Maps following their respective registration as a Virtual Asset Services Provider and authorisation as a payments institution.
This increases the pool of regulated fintech in Ireland to 72, comprised of:
This increases the pool of regulated fintech in Ireland to 72, comprised of:
- 27 authorised electronic money institutions,
- 22 payments institutions,
- 6 standalone open banking firms,
- 12 virtual asset services providers, and
- 5 crowdfunding services providers.
Fortuna Digital Custody Limited
Fortuna Digital Custody Limited was registered on 9 May 2024 a Virtual Asset Services Provider. It is the first VASP to be registered thus far in 2024 by the Central Bank of Ireland. The last VASP registered in Ireland before Fortuna was close to 5 months ago in December 2023.
Fortuna was incorporated in Ireland on 22 January 2021. The company is the 12th firm to become registered to provide crypto services in Ireland.
According to records at the Companies Registration Office, the directors of the company are Neil Fleming,
Juergen Hoebarth (Founder) and Brian Elders (Founder). Connor Cantwell (Founder) is listed as company secretary. The shareholders of the company are Cosimo Venture Partners (32.67%), Tokenization Limited (32.67%), Sors Digital Assets Limited (32.67%) and Neil Fleming (25).
Fortuna was incorporated in Ireland on 22 January 2021. The company is the 12th firm to become registered to provide crypto services in Ireland.
According to records at the Companies Registration Office, the directors of the company are Neil Fleming,
Juergen Hoebarth (Founder) and Brian Elders (Founder). Connor Cantwell (Founder) is listed as company secretary. The shareholders of the company are Cosimo Venture Partners (32.67%), Tokenization Limited (32.67%), Sors Digital Assets Limited (32.67%) and Neil Fleming (25).
Ace Money Transfer Limited
Ace Money Transfer Limited was authorised on 3 May 2024 as a payments institution by the Central Bank of Ireland for payment service #6 permission, which is money remittance.
Ace Money Transfer was incorporated in Ireland on 3 September 2021. Another example of a long journey between incorporation and regulation by the Central Bank of Ireland.
Ace Money Transfer is 100% owned by another Irish company AFTAB Currency Exchange Limited.
We'll update this post with other information about the two companies at a later date.
Ace Money Transfer was incorporated in Ireland on 3 September 2021. Another example of a long journey between incorporation and regulation by the Central Bank of Ireland.
Ace Money Transfer is 100% owned by another Irish company AFTAB Currency Exchange Limited.
We'll update this post with other information about the two companies at a later date.
CRIF RealTime Ireland Limited
Eagle eyed might have notice that we had to re-jig CRIF RealTime Ireland Limited on the Map. Since first appearing as #8 (account information services) only services in early 2022, the Central Bank of Ireland registers subsequently showed the company as having both #7 (payment initiation services) and #8 around 14 July 2022. Then in 2024, CRIF RealTime Ireland Limited reappeared on 22 April 2024 as reverting back to payment service 8 only.