Jeton: Licensing Information

Overview of Jeton as a Financial Service Provider

Jeton is a UK-based fintech company established in 2018, offering digital wallet solutions and international payment services. With over 1 million users across more than 100 countries, Jeton has rapidly expanded its global footprint, providing secure and efficient financial services to individuals and businesses alike.

Recognized for its innovation and growth, Jeton ranked 374th on the Financial Times’ 2025 FT1000 list of Europe’s fastest-growing companies. This achievement underscores Jeton’s commitment to delivering cutting-edge payment solutions and its significant impact on the fintech industry.

Company background and business model

Jeton operates under the https://nongamstop-sites.com/reviews/fatpirate/ trading name of LA Orange Limited, registered in England and Wales. The company’s business model revolves around providing electronic money (e-money) services, enabling users to store, send, and receive funds seamlessly. Jeton’s platform supports multiple currencies and offers a range of financial products tailored to meet diverse customer needs.

By leveraging technology and strategic partnerships, Jeton aims to simplify financial transactions, reduce costs, and enhance user experience. Its services cater to both individual consumers and businesses, facilitating global commerce through innovative payment solutions.

Services offered by Jeton

Jeton’s suite of services includes digital wallets, prepaid debit cards, and international money transfers. The Jeton Wallet allows users to manage funds in various currencies, make online payments, and withdraw cash from ATMs worldwide. Additionally, Jeton offers Jeton Cash, a voucher-based payment method that enhances privacy and security during transactions.

For businesses, Jeton provides merchant services, enabling companies to accept payments globally with ease. These services are designed to support e-commerce platforms, online gaming operators, and other digital businesses seeking reliable and secure payment processing solutions.

Geographical reach and key markets

Jeton’s services are available in over 100 countries, with a strong presence in Europe, Asia, and the Middle East. The company’s global reach is facilitated by its support for more than 50 currencies and over 70 payment methods, allowing users to conduct transactions in their preferred local currencies.

Key markets for Jeton include the United Kingdom, Germany, Turkey, and India, among others. The company’s extensive network and localized services position it as a competitive player in the international payments landscape, catering to a diverse and growing customer base.

Regulatory Framework Governing Jeton

Operating in the financial services sector requires adherence to stringent regulatory standards to ensure consumer protection and financial system integrity. Jeton complies with various regulatory frameworks across its operational jurisdictions, maintaining licenses and authorizations necessary for its services.

These regulatory frameworks encompass anti-money laundering (AML) laws, counter-terrorism financing (CTF) regulations, and electronic money directives. Compliance with these standards is crucial for Jeton to operate legally and maintain trust with its customers and partners.

Importance of financial licensing

Financial licensing serves as a validation of a company’s adherence to legal and regulatory requirements. For Jeton, obtaining licenses from reputable authorities ensures that its operations meet established standards for security, transparency, and consumer protection.

Licensed financial institutions are subject to regular audits and oversight, which helps prevent fraudulent activities and financial misconduct. This regulatory scrutiny provides assurance to customers and stakeholders regarding the safety and reliability of Jeton’s services.

Primary regulatory bodies involved

Jeton’s operations are overseen by several regulatory bodies, including the Financial Conduct Authority (FCA) in the United Kingdom, the Central Bank of Cyprus, and the Financial Services Unit (FSU) of the Commonwealth of Dominica. These authorities are responsible for granting licenses, monitoring compliance, and enforcing financial regulations.

Each regulatory body imposes specific requirements and standards that Jeton must adhere to, ensuring that the company operates within the legal frameworks of each jurisdiction. This multi-jurisdictional oversight enhances Jeton’s credibility and operational integrity.

Overview of compliance requirements

Compliance requirements for Jeton encompass various aspects, including customer due diligence, transaction monitoring, and reporting obligations. The company must implement robust AML and CTF measures, conduct regular risk assessments, and maintain comprehensive records of financial activities.

Additionally, Jeton is required to establish internal controls and governance structures to prevent financial crimes and ensure regulatory compliance. These measures are integral to maintaining the company’s licenses and upholding its reputation in the financial services industry.

Jeton’s Current Licences and Authorisations

Jeton holds multiple licenses and authorizations that enable it to offer financial services across different regions. These licenses are essential for the company’s operations, allowing it to provide e-money services, payment processing, and other financial products legally.

The company’s licensing portfolio reflects its commitment to regulatory compliance and its strategic approach to expanding its services globally. By securing licenses in key jurisdictions, Jeton ensures that it can meet the diverse needs of its international customer base.

Jurisdictions where Jeton holds licences

Jeton is licensed and authorized by the following regulatory bodies:

United Kingdom: Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011.
Cyprus: Central Bank of Cyprus under the Electronic Money Law of 2012 and 2018.
Commonwealth of Dominica: Financial Services Unit (FSU) under the Offshore Banking Act.

These licenses enable Jeton to operate legally in these jurisdictions, offering a range of financial services to customers worldwide.

Types of licences acquired

Jeton has acquired the following types of licenses:

Electronic Money Institution (EMI) License: Allows the issuance of electronic money and provision of payment services.
Offshore Banking License: Permits the operation of banking services for clients outside the licensing jurisdiction.

These licenses authorize Jeton to offer digital wallet services, international money transfers, and other financial products to its customers.

Validity and renewal periods

Jeton’s licenses are subject to periodic reviews and renewals as mandated by the respective regulatory authorities. The validity periods and renewal requirements vary by jurisdiction and are contingent upon the company’s continued compliance with regulatory standards.

Regular audits and assessments are conducted to ensure that Jeton’s operations remain in line with legal and regulatory obligations. Failure to meet these requirements can result in penalties, suspension, or revocation of licenses.

Jeton and the Financial Conduct Authority (FCA)

The Financial Conduct Authority (FCA) is the primary regulatory body overseeing Jeton’s operations in the United Kingdom. The FCA’s role is to ensure that financial services firms operate with integrity, transparency, and in the best interests of consumers.

Jeton’s authorization by the FCA signifies its compliance with UK financial regulations, including those related to electronic money issuance, payment services, and consumer protection. This authorization enhances Jeton’s credibility and trustworthiness in the UK market.

FCA registration details

Jeton operates under the legal entity LA Orange Limited, which is registered with the FCA under reference number 902088. The company’s registered office is located at The Shard Floor 24/25, 32 London Bridge Street, London, SE1 9SG, United Kingdom.

This registration authorizes Jeton to distribute or redeem electronic money and provide certain payment services within the UK, subject to ongoing compliance with FCA regulations.

Permissions and limitations under FCA oversight

Under FCA oversight, Jeton is permitted to offer e-money services, including the issuance of electronic money, execution of payment transactions, and provision of payment instruments. These permissions enable Jeton to operate its digital wallet and payment processing services in the UK.

However, Jeton is not authorized to offer credit services, investment products, or other financial services outside the scope of its e-money license. The company must also adhere to strict compliance requirements, including AML and CTF regulations, to maintain its FCA authorization.

Public records and verification methods

Information about Jeton’s FCA authorization can be verified through the FCA’s Financial Services Register, accessible at https://register.fca.org.uk/. Users can search for Jeton using the company’s name or reference number to confirm its regulatory status.

Additionally, Jeton’s regulatory information is publicly disclosed on its official website, providing transparency and assurance to customers and stakeholders regarding its compliance with UK financial regulations.

Passporting Rights and EU/EEA Authorisations

Prior to Brexit, Jeton leveraged passporting rights to offer its services across the European Economic Area (EEA) under its UK FCA authorization. This arrangement allowed Jeton to operate seamlessly within the EU’s single market for financial services.

Following the UK’s departure from the EU, Jeton has adapted its regulatory strategy to continue serving customers in the EEA. The company has obtained additional licenses and established entities within the EU to maintain its service offerings in the region.

Status post-Brexit

Post-Brexit, Jeton has secured authorization from the Central Bank of Cyprus, enabling it to operate as an Electronic Money Institution within the EU. This strategic move ensures that Jeton can continue providing its services to customers across the EEA without interruption.

By establishing a licensed entity within an EU member state, Jeton complies with the EU’s regulatory requirements, maintaining its commitment to serving its European customer base effectively.

Impact on European operations

Jeton’s proactive approach to obtaining EU authorization has minimized disruptions to its European operations. The company continues to offer its full suite of services, including digital wallets and payment processing, to customers throughout the EEA.

This seamless transition demonstrates Jeton’s dedication to regulatory compliance and its ability to adapt to changing legal landscapes, ensuring uninterrupted service delivery to its European clients.