Tag: Wise

A new technical evidence package reviewed by FinTelegram suggests that NALMI LIMITED (AS213846) may sit behind a large rotating casino-domain ecosystem. The material does not prove ownership or direct operation of the brands in question. But it does indicate that hundreds of outwardly separate gambling domains may converge inside the same hosting and routing environment — including domains already relevant to the broader Zentoria story. FinTelegram is continuing to investigate and welcomes additional information from whistleblowers and industry insiders.

Belgian prosecutors are reportedly investigating Wise over possible AML compliance failures linked to approximately €500 million in suspicious transactions. The case highlights the growing regulatory pressure on large payment institutions and cross-border fintech platforms.

A Wise customer has accused the fintech of obscuring gambling-related card transactions by displaying Apple Pay or incomplete merchant information instead of the real payee, even though the transactions allegedly carried MCC 7995, the card-network code for gambling. The customer has already escalated the matter to the FCA and the Financial Ombudsman Service. FinTelegram has reviewed substantial material and sees a serious contradiction worth investigating:.

Passpoint markets itself as a financial orchestration platform for Africa, Europe, and G20 payment corridors. But FinTelegram’s Betify review found something far more problematic: Passpoint Sp. z o.o., its Polish entity, appeared as the named payee in an open-banking/bank-transfer rail used to fund Betify, an offshore casino accessible from EU jurisdictions. This is not a passive API footprint.

FinTelegram’s May 2026 review of Betify shows a materially reconfigured payment architecture compared with the August 2024 review. The visible corporate wrapper has changed from Altacore N.V. / Altaprime Limited to Fortuna Games N.V. / Deltaprime Limited, but the underlying risk pattern remains: EU players can apparently access and fund an offshore casino through layered payment rails.

BetAlice appears to be operating without visible operator disclosure while remaining accessible across multiple domains despite Italian blackouts on some URLs. Our payment-rail review found a familiar offshore-casino stack: ChainValley behind cashier-branded methods (including Skrill/NETELLER labels), and an multiy-layered open-banking route with Paradis Tech Ltd shown as payee and Yapily/Wise Open Banking references in the flow.

Following FinTelegram's December 2025 exposé on the Winning.io / Scatters Group network, a whistleblower has provided documentary evidence confirming that the economic ownership and control structure traces directly to Starkeast Management B.V., controlled by Menno Jordaan. The whistleblower states: "The owner of these sites (all of them) is now, starkeast service owned by menno jordaan. he is the director of starscream aswell." 

Trustpilot is issuing a brutal verdict on crypto exchanges: Binance 1.4, Kraken 1.6, Bitstamp 1.7, Gemini 1.4, Blockchain.com 2.1—dominated by frozen-account horror stories and support dead ends. Only Coinbase and Bitpanda (3.9, Great) and Bybit (3.4, Average) escape “scam-level.” Fintechs like Revolut (4.6, Excellent) and Wise (4.3) show how far crypto’s CX still lags.

Bullish, the institutional-grade crypto exchange backed by high-profile investor Peter Thiel, has filed for a $100 million IPO on the NYSE (BLSH). This move comes at a pivotal time for the digital assets industry, reflecting renewed investor interest and significant regulatory developments. The IPO positions Bullish as a frontrunner among crypto exchanges seeking mainstream financial legitimacy and expanded institutional reach.

The UK Financial Conduct Authority (FCA) has fined Wise CEO Kristo Käärmann £350,000 for failing to promptly disclose a tax default, citing a breach of Senior Management Conduct Rule 4. He was fined for deliberately failing to notify HMRC of a capital gains tax liability after he sold shares worth £10m in 2017. In September 2021, HMRC subsequently added Mr Käärmann to their public tax defaulters list.

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In the fintech sector, two major players, Revolut and Wise, stand out for their distinct approaches to growth, product offerings, and regulatory strategies. Revolut is best known for its aggressive product development and expansion strategy, whereas Wise is highly successful with a single-product strategy. This comparative analysis delves into how these two fintech giants have carved unique paths in the digital finance landscape.