Tag: Scott Dawson

FCA-regulated Pixxles appoints Salma Kamaly as directorM
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November 27, 2022

Merchant Alarm: FCA-Regulated Pixxles Downgraded For High Loss And Cash-Burn Rate

Pixxles is a spin-off of the notorious US high-risk payment processor T1 Payments. FCA-regulated since June 2021, the e-money institution is led by former T1 Payments executive Amber Fairchild, once the fiancée of T1 Payments founder and CEO Donald Kasdon. PayRate42 downgraded Pixxles because of its financial performance. The company's 2021 financials show a heavy operating loss and an substantial cash burn rate, which had to be covered by issuing new shares.
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FCA-regulated Pixxles appoints Salma Kamaly as directorF
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June 6, 2022

FCA-Regulated Pixxles Appointed Salma Kamaly As Director!

The FCA-regulated high-risk payment processor Pixxles is allegedly the successor to the US-based T1 Payments group. The former T1 Payments manager and partner of its founder Donald Kasdon, Amber Fairchild, established the company in October 2018 and is its beneficial owner. Pixxles appointed Salma Kamaly as an additional director a few days ago, PayCom42 reported. Kamaly is purportedly a compliance expert who also serves as the sole director of JS Compliance Consultants Limited (JSCC).
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High-risk payment processor PixxlesI
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October 7, 2021

Introducing high-risk payment processor Pixxles!

The FCA-regulated high-risk payment processor Pixxles is allegedly the successor to the T1 Payments group. Sounds plausible! Pixxles Ltd is the trading name of Pixxles, an e-money institution regulated by the Financial Conduct Authority (FCA) with reference number 927960. The T1 Payments manager Amber Fairchild established the company in October 2018 and is the controlling owner. Fairchild, too, is a Defendant in the U.S. fraud complaint filed by a former T1 Payments client.
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High-risk payment processor PixxlesI
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September 24, 2021

Introducing high-risk payment processor Pixxles!

The FCA-regulated high-risk payment processor Pixxles is allegedly the successor to the T1 Payments group. Sounds plausible! Pixxles Ltd is the trading name of Pixxles (www.pixxles.com), an e-money institution regulated by the Financial Conduct Authority (FCA) with reference number 927960. The T1 Payments manager Amber Fairchild established the company in October 2018 and is the controlling owner. Fairchild, too, is a Defendant in the U.S. fraud complaint filed by a former T1 Payments client.
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