Investor Alerts - Consumer Alert on VXL Payment Solutions

Company: Consumer Alert on VXL Payment Solutions
Regulator: Gibraltar Financial Services Commission
Jurisdiction: Gibraltar
Date: 20231024 24 Oct 2023
Link: https://www.fsc.gi/news/consumer-alert-on-vxl-payment-solutions-491
Subject: Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Comments: The Gibraltar Financial Services Commission (GFSC) is issuing a consumer alert regarding VXL Payment Solutions and the website https://vxlpayment.com/.

VXL Payment Solutions claims to offer payment services. The provision of payment services is a regulated activity requiring authorisation from the GFSC. The website https://vxlpayment.com/ is not associated with any firm authorised by the GFSC.

Furthermore, there are no active companies registered in Gibraltar with the name “VXL Payment Solutions” or similar, nor is any application in its name pending for authorisation.