Whistleblower Request – Payment Processor And Incubator OpenUp!

Whistleblower request for payment processor openup on FinTelegram
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OpenUp is a high-risk payment processor operated by Openup Consulting Services AsP, a company registered in Denmark. According to the company register data, Chestnut Investments Lda in Portugal owns the Danish entity. The only director of Openup is Svetlana Ivanova. On LinkedIn, we found 12 people connected to the OpenUp across different jurisdictions in the United Kingdom, India, or Nigeria. We have received credible information that OpenUp may be related to the Indian-British iPayTotal Group and would like to learn more.

Key Data

Trading styleOpenUp
Business activityHigh-risk payment processor
Company formation
Legal entitiesOpenup Consulting Services AsP
Chestnut Investments Lda (parent)
JurisdictionDenmark, Portugal
Related individualsSvetlana Ivanova
Miguel Bruno Nóbrega Gouveia
Samuel O (LinkedIn)
Contact data+44 888 718 66151
+44 (800) 776-5193
PayCom42 profileOpenUp on PayCom42

Short Narrative

We know that iPayTotal works with fake LinkedIn and social media accounts, so we must be careful accordingly. We haven’t been able to identify the only OpenUp Direkotrin Svetlana Ivanova on LinkedIn. We cannot confirm the authenticity of the other profiles associated with OpenUp.

Nigerian payment expert Samuel O (LinkedIn) was responsible for Kryptova, a company we could assign to iPayTotal, until March 2022.

OpenUp bills itself as “the future of financial services.” According to a presentation and its website, the payment processor offers

  • Merchant accounts with dedicated IBAN, SWIFT access, and card processing services.
  • Company formation services, including bank accounts.
  • Investment services and funding for innovative startups in the payment sector with financing from $5,000 to $15 million.

The phone numbers provided on the website suggest that the main activities are carried out in the United Kingdom.

On Trustpilot, OpenUp holds a 4.8-star rating based on 50 reviews with a corresponding “Excellent” trust level. However, cyberfinance rating agency Paycom42 has placed OpenUp on its “Orange Compliance” list.

Share Information

Please let us know if you have any information about OpenUp, its operators, and partners. In particular, we would be interested to know if OpenUp is affiliated with iPayTotal Group.

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