Tilaros Key Data

• Trading Name: Tilaros
• Legal Entities: Tilaros Limited
  
• Activities: Special purpose payment processor
  
• Location: Cyprus
  
• Regulations: not regulated
• Related individuals: Denys Butko

Registered in January 2020 under the company number HE406322, Tilaros Limited is directed by Natalia Tsiourkina. Tilaros is a payment agent in the network of online casinos and chance game schemes operated by Rabidi N.V.

Tilaros operates without a website, an unusual practice for a firm handling high-volume financial transactions. This absence of a digital footprint begs the question of how Tilaros successfully navigates Know Your Customer (KYC) and Anti-Money Laundering (AML) checks by banks and e-money institutions like the FCA-regulated E-Money Institution My EU Pay (PR42 profile).

Compliance Check

The information available to us suggests that Tiloros also processes illegal gaming proceeds as an unauthorized payment processor. The company has no website and operates in stealth mode. For these reasons, we have placed Tilaros on our black compliance list.