Finrax
Bulgarian-Estonian crypto payment processor
Finrax is the trading name of the licensed Estonian crypto exchange and crypto payment processor FINRAX Exchange OÜ. The company is part of the Bulgarian Finrax.
Bulgarians Miroslav Marinov (LinkedIn) and Roberto Penchev (LinkedIn) founded Finrax in 2018. Both are also directors in the licensed Estonian entity. They do not use nominee directors, which is a trustworthy sign.
Branche
We have already discovered Finrax as a payment processor with some regulated Forex and CFD brokers. They seem to be satisfied with the offer.
Conclusion
We could not find any complaints around the company but Due to the current tense crypto industry, we downgrade all crypto companies to ORANGE for an undetermined period of time.