Key Data

• Trading Name: koala pay
• Legal Entity: QBSG Limited/KoalaCryptoLimited
• Activities: Payment system 
• Location: Malta
• Regulations: MFSA Authorized
• Key People: George Ning
• Latest news: koala pay
• Latest update: July 16, 2024

Koala Pay is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions.

Offering

Koala pay offers cutting-edge Web3 payment solutions, facilitating seamless integration of fiat and crypto transactions for global users, including merchants, institutions, and retail customers.

• Services:
  • On and Off Ramps: Streamlines fiat-to-crypto and crypto-to-fiat conversions.
  • NFT Checkout: NFT purchases with traditional payment methods like Visa and Mastercard.
  • Lightning Checkout: Enhances transaction speeds and efficiency.
• Reach: Operates in 168 countries with 200+ fiat payment channels and supports over 50 fiat currencies and all cryptocurrencies.

Regulation

The platform provider (QBSG Limited) is regulated by the Maltese regulator MFSA under the License No.: VFA/01

Related Schemes

QBSG Limited, the legal entity of Koala pay, also operates behind QBSG and WynPay.

This raises concerns about transparency and competition, as QBSG Limited’s influence extends across multiple payment platforms, potentially reducing market diversity and consumer choice.

Related Legal Entities

• Koala Malta Ldt.
• Koala Money Ldt.
• OB Technologies Ltd

Key People

• George Ning
• Yiran Gu
• Xin He
• MINGRUI XU

Serving Industries

They cater to a wide range of clients, including individuals, exchange platforms, metaverse projects, and traditional merchants, enabling them to accept and convert crypto payments.

Customer Reviews

We did not find any customer reviews or additional news about Koala pay, which is concerning. The lack of user feedback and updates raises questions about the company’s transparency and market presence. For a financial service provider, customer trust and a clear public track record are crucial, and the absence of this information might indicate potential issues with reliability or customer satisfaction.

Rating Conclusion

Due to the lack of a robust web presence and the absence of customer reviews, combined with their complex corporate structure, we categorize Koala pay with an orange rating. This indicates a need for caution when considering their services, as the transparency and reliability of the company are currently uncertain.