Facilitating Ponzi Schemes EMI

Key Data

  • Trading Name: Nvayo
  • Legal Entity: Nvayo Ltd 
  • Activities: EMI
  • Location: London, UK
  • Regulations: FCA Regulated
  • Key People: Chris Scanlon, John Christopher Jacklin, Amadeo Vicente, David Weeks

Headquartered in London, Nvayo is an FCA regulated electronic money issuer (Reference No: 900005) providing financial services in multiple currencies to members of concierge and lifestyle services including the Aurae Lifestyle and ClubSwan programs.

In 2021 Nvayo Limited had total assets of 15.89 mln GBP, Nvayo Limited generated net income of 1.83 mln GBP. During 2021 there were 22 employees in average at Nvayo Limited. Incorporated in the United Kingdom, Nvayo Limited is authorized and regulated by the Financial Conduct Authority.


Their services including:

  • issuing electronic money
  • payment processing
  • foreign exchange dealing
  • issuance of payment cards.


not given


High Risk


FCA regulated electronic money issuer (Reference No: 900005)


Customer review

At the time of this review, there are no available customer reviews or testimonials for Nvayo. The absence of customer feedback makes it challenging to assess the company’s reputation and the quality of their services.

Compliance Problems

Nvayo Ltd is under scrutiny for its involvement in a network allegedly orchestrated by Chris Scanlon. The network is accused of functioning as a money transmitting business, facilitating financial transactions, including those involving cryptocurrencies, through entities like AU Card LLC. Despite claims of FCA regulation on the Club Swan website, FCA imposed restrictions on Nvayo Ltd in August 2023. Now, Nvayo Ltd requires explicit FCA approval for its activities, including fund transfers. Ongoing investigations aim to uncover potential irregularities in Nvayo Ltd’s operations within the network.


Due to the mentioned incidents and the restrictions imposed by the FCA, we find it necessary to classify the company as being on BLACK from a compliance standpoint. This measure is taken to ensure adherence to applicable regulations and to minimize risks associated with the ongoing investigations and the identified irregularities.

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