We recently issued a Request 4 Information regarding The Sacramento Bee of Anil Uzun and have received a lot of feedback so far. Uzun is said to have invested in both gambling and FinTech ventures through The Sacramento Bee. Until around 2017, Uzun used to be one of the beneficial owners of the Akce Group of Ozan Ozerk, who is the beneficial owner of a number of regulated FinTech companies in Lithuania and the UK. We would like to know more about Akce Group, OpenPayd Group, and its network.
The FinTech Buddies
The Turkish-born Brit Anil Uzun and the Cypriot Ozan Ozerk were once very close business partners, some real FinTech buddies ist seams. Until mid-2017, for example, they jointly operated the FCA-registered e-Money Institution (EMI) Ozan Limited. Uzun resigned as director there in mid-2017. Until 2017 they also jointly operated the Akce Group in Malta and before that they have been together in the UK Akce Holding Limited.
Uzun and Ozerk also jointly founded and managed TechToPay Limited and SettleGo Solutions Limited, which are also FCA-registered. Uzun resigned from all companies in mid-2017. Since then, Ozan Ozerk has managed this FinTech Group together with the Cypriot Ekmel Cilingir and the Bulgarian Iana Dimitrova.
The Bulgarian Iana Dimitrova is a busy FinTech manager. She is CEO of Akce Group and a director in the two FCA regulated financial institutions SettleGro Solutions Limited d/b/a OpenPayd (PSC Ozan Ozerk) and Ozan Limited (PSC Ozan Ozerk).
The Lithuanian Bank
In December 2018, the European Merchant Bank UAB, founded by Akce Holding Malta Ltd in Lithuania, has received a so-called specialized bank license from the Bank of Lithuania. According to a press release of the Bank of Lithuania and a public statement of the involved law firm Sorainen, Akco Holding Malta is the controlling company of both the Lithuanian European Merchant Bank and the FCA-registered Ozan Group. The latter is part of the OpenPayd Group, another FCA-listed EMI. Complicated, isn’t it?
According to the records of the Maltese Companies Register, the controlling company of Akce Holding Malta Ltd is Three Commas Ltd, registered in the British Virgin Islands, and PSPTech Cyprus Limited, registered in Cyprus, is holding a single share. The Turkish Ekmel Cilingir and the British Olivia Alexandra Taylor are registered as directors. PSPTECH Cyprus has a branch office in London and, according to the records of UK Companies House, is also attributed to Ozan Ozerk, whose address is The Shard in London.
Until recently, Ozan Limited, Akce Intellectual Limited, The Giftbull UK Limited, Instra Limited, TechToPay Limited, and SettleGo Solutions Limited were also registered at this address. In the last few months, however, one company has moved away from The Shard and settled at The Bower in Old Street in London.
It is indeed remarkable that Ozan Ozerk and his team control several regulated financial institutions in Europe operating under different brands and strategies. We would be interested in the strategy behind this.