Risk Factors

This document sets out the principal risks associated with the Group’s direction and objectives. It is provided for information only. It is not advice, an offer or a financial promotion.

1. Early stage

The Group is at an early stage of development and has a limited operating history. There can be no assurance that its objectives will be achieved, or that its projects will be adopted by licensed institutions.

2. Regulation

The activities the Group’s projects are designed for are subject to extensive, complex and changing regulation in many jurisdictions — including payment, electronic-money, anti-money-laundering, data-protection and crypto-asset rules. Changes in law, interpretation or enforcement may affect the viability of a project. There can be no assurance that the licensed partners on whom regulated activity depends will obtain or maintain the authorisations they need.

3. Technology

The Group’s work depends on complex technology. Technology is exposed to defects, failure, cyber-attack, data breach, outage and obsolescence. There can be no assurance that it will perform as intended or be secure against every threat.

4. Market and competition

The markets the Group addresses are competitive and change quickly. Many competitors have significantly greater financial, technical and marketing resources.

5. Funding

The Group needs capital to develop its projects. There can be no assurance that capital will be available on acceptable terms or at all; without it, plans may be delayed, reduced or abandoned.

6. Key people

The Group depends on the continued contribution of its directors and key people. The loss of any of them could affect its work materially.

7. Counterparties

Partners, service providers and other counterparties may fail to meet their obligations, which could cause loss or disruption.

8. Geopolitical and macroeconomic conditions

The Group’s work may be affected by geopolitical events, sanctions, macroeconomic trends, interest rates, inflation, currency movements and other factors beyond its control.

9. Forward-looking statements

This website may contain forward-looking statements based on current expectations and assumptions. Actual outcomes may differ materially. The Company undertakes no obligation to update them. See also Legal Notice and Terms.