Key Data

• Trading Name: Kryptova
• Legal Entity: Kryptova Biz Ltd
  
• Activities:  crypto payment processor
  
• Location: United Kingdom
• Regulations: no
  
• Key People: Manuel Jose La Serna (Spain)
  Chhavi Mishra (India)
  Ola Daniel (US)
  Oluwole Ogunlade (Nigeria)
  Varun Malhotra (India)
  Harshit Verma (India)
  Paul Walker (UK)

Kryptovy Biz Ltd d/b/a Kryptova is an unregulated crypto-focused high-risk payment processor. The company was established in October 2021 by the Indian citizen Chhavi Mishra and had its registered office at a virtual office address in London.

There are suspicions that Kryptova is part of the network of the Indian-British payment veteran Ruchi Rathor.

The Offering

Kryptova is a high-risk payment processor offering a crypto-based credit card payment solution for international merchants. Moreover, it offers a white-label crypto payment solution for PSPs.

Kryptova‘s appearance is strikingly reminiscent of the infamous and collapsed iPayTotal. Even the color scheme of the website looks like an iPayTotal successor. Given that the company has only been registered for a few months and the lack of any previous history, we can reasonably conclude that Kryptova has previously operated under other names.

Fees

The website does not provide information about prices.

Compliance problems

Kryptova‘s appearance is strikingly reminiscent of the infamous and collapsed iPayTotal, an Indian payment processor scheme operated via UK entities. Even the color scheme of the website looks like an iPayTotal successor. Like the high-risk payment processor Paypound, Kryptova is controlled by an offshore entity in Nevis, a small island in the Caribbean Sea.

News

Currently, one of Kryptova‘s websites has gone offline, and a first notice for a compulsory strike-off is registered at the UK Companies House.

Conclusion

The Kryptova websites have no imprints and give no information about the operators. Additionally, we discovered Kryptova as a facilitator in broker scams a payment processor and therefore put it on the “Black Signal” compliance list.