Quant Financial EMI

[Sandsy]

Hi,

Has anyone had any dealings with Quant Financial Ltd, it's an EMI registered in Kazakhstan.
I cannot find any reviews online.

QUANT Payment | by QUANT Financial

quantpayment.com

 

[Fred]

It's a reseller of Satchelpay EMI from Lithuania.

You can learn more about Satchelpay here:

Is SatchelPay reliable?

I've just created a business account on SatchelPay. I want to use it for my business. Next week I need to receive 50K USD. Do you think it's safe to receive such payments on this emi? As far as I know they don't have good reputation but it's licensed emi. Will you rely on this emi?

www.offshorecorptalk.com

Bank of Lithuania restricted activities of SatchelPay

“Lithuania is aiming to become a regional fintech hub by creating favourable conditions for financial market participants. However, we take a zero-tolerance approach to any risky and irresponsible...

www.lb.lt

What I have been seen Bank of Lithuania issues fines pretty random but this seems to be a valid case.

 

[Sandsy]

Hi Fred,

Thank you for this, from this info, I will stay away.