Tag: PSP Network

It's not really a surprise. On the contrary, industry insiders expected it. OctaPay, the high-risk payment processor launched just a few months ago, has disappeared with its high-risk clients' funds. Its websites are offline, as are LinkedIn profiles such as those of CEO Madhumita Singh. According to UK Companies House, she also resigned as a director of OctaPay Limited on March 11, 2021, and is no longer the beneficial owner. She is, however, still a director of PSP Technology Limited and PSP Network Limited.

Octapay Limited was founded on 16 September 2020. According to UK Companies House, the sole director and beneficial owner is Madhumita Singh. The company acts as a payment processor for high-risk merchants in gaming, crypto and forex operating the websites www.octapay.fund. And it seems to be related to iPayTotal.