Zypto
Key Data
- Trading Name: Zypto (former FCF Pay)
- Legal Entity: Zypto SP ZOO
- Activities: Cryptocurrency Service Platform
- Location: Poland
- Regulations: regulated
- Key People: Jean Nasrallah/Joseph Alexander Parkin
Zypto is a cryptocurrency service platform offering a variety of products for personal and business use. For individuals, it provides virtual and physical crypto debit cards, a crypto wallet app, gift cards purchasable with crypto, and bill payment services. Businesses can benefit from Zypto Pay, a crypto payment gateway, white-label solutions, wallet infrastructure, and custom development services. Zypto also has its native token, $ZYPTO, which offers rewards and exclusive discounts.
Offering
For Individuals:
- Crypto Debit Cards: Virtual and physical cards that can be added to Google/Apple Pay and used for online or in-store purchases.
- Crypto Wallet App: A secure wallet to store and manage cryptocurrencies.
- Gift Cards: Over 8500 options available for purchase with crypto.
- Bill Payment Services: Pay various bills using cryptocurrency, supporting over 20,000 US payees.
For Businesses:
- Zypto Pay: A crypto payment gateway for accepting multiple cryptocurrencies, with integrations for WooCommerce, Shopify, and custom APIs.
- White-Label Solutions: Custom-branded crypto services for businesses.
- Wallet Infrastructure: Secure, scalable solutions for managing digital assets.
- Custom Development: Tailored blockchain and crypto solutions.
Additional Features:
- $ZYPTO Token: Offers revenue sharing, exclusive perks, and discounts within the Zypto ecosystem.
Customer Review
Trustpilot: 4,7 Stars with 20+ Reviews
Regulation
Zypto’s main entity is as a licensed EU Virtual Asset Service Provider.
MANAGEMENT/SHAREHOLDERS
- Jean Nasrallah
- Joseph Alexander Parkin
Compliance Issues
The Autorité des marchés financiers (AMF) has warned Québec’s public about illegal activities related to the cryptoassets FCF and ZYPTO. On February 15, 2024, the Tribunal administratif des marchés financiers issued orders against FCF inc., ZYPTO ZOO SP, Jean Nasrallah, Alexandre Trudeau, and Joseph Alexander Felix Parkin for allegedly breaching the Securities Act by selling investment contracts through various crypto trading platforms.
Compliance and Risk Assessment for Zypto
Due to the warning issued by the Autorité des marchés financiers (AMF), we are downgrading ZYPTO to red. This measure is taken to protect investors and prevent potential financial losses. We recommend carefully reviewing any investments in ZYPTO and staying informed about further developments.
