What is your review of Quppy?

[anotherone]

It looks like it is an EMI with an application, IBAN account and debit account.

Do you know quppy.com

A secure app for IOS and Android. Inside the decentralized Quppy Wallet:

• Support of BTC, BCH, LTC, ETH and EUR operations;
• Own exchange service;
• Opening of IBAN accounts in a EU bank;
• Lendings secured on cryptoassets;
• Multilanguage user support;
• KYC/AML procedure.

To open an account, they need an Iphone / android.
The application takes a picture of your ID and a selfie of yourself with the ID to get an IBAN account.

TC is quite small.

 

[tux]

Havent actually used them, but the lack of ssl certificate on their website is somewhat‌ disturbing.

 

[JohnLocke]

Looks to me like a SCAM site, no license information no SSL certificate nothing that‌ would make me trust this website just a second!

 

[Sols]

What makes it look like an EMI? Where is the EMI license?

I'd stay very‌ far away from Quppy.

 

[tux]

Cant really find any somewhat fresh information about them at all. They seemed to be‌ active on forums etc etc about 1 year ago, but then just less and less‍ into nothing. Shady.

 

[Irration4l]

Seems more like a crypto wallet than a full grown EMI. Besides the SSL red‌ flag, I was not even able to find where they have this supposed EMI license:‍

https://thebanks.eu/emis/Estonia

And they seem to have originated from Belarus:

they even edited the Belarus part out after some⁢ time for the article, which seems shady:

https://medium.com/startup-jedi/startup-of-the-day-17-quppy-f112588be607

 

[tux]

Well last thing one needs is getting stuck in some financial dispute over sanctions,⁣ which if im not totally wrong is still affecting Belarus from most places of the⁢ world.

 

[Ghost]

According to their terms and conditions, they are using Clear Junction Limited services (white label).‌

https://support.quppy.com/hc/en-us/articles/360023810091-Terms-of-Use
"Quppy is not a bank or financial institution and does not provide investment or‍ financial advice or consulting services to users of the Services. We are solely the provider⁠ of the Services.

SEPA / Euro Transactions. By entering this Terms, you agree to the⁤ terms of use of Clear Junction, our euro-based cryptocurrency and SEPA processing partner, found here:⁣ https://terms.clearjunction.com/terms_and_conditions_a394my795sbm2g8l09fy.html "

 

[Irration4l]

Well then, it's much better to go directly⁢ to Clear Junction in that case. However, seeing as they are FCA licensed I wonder︀ how stable that might be if Boris continues to play games with the EU regarding︁ the whole post Brexit negotiation.

 

[Am1go]

How do you think? is it safe to transfer the money from Quppy to Interactive‌ brokers?
Quppy support said it's possible to do. I am afraid that there will be‍ problems with the broker.

 

[Elve]

With the exception of quppy.com, does anyone know of other EMIs that offer IBANs of‌ clearjunction.com?

 

[Work Bitch]

They still don’t close my account.
I’ve requested a lot of times.

 

[fblbatt]

flexagon does

 

[Lazzersan]

Quppy seems like a pretty interesting wallet to me, so I'm thinking of trying it‌ out. But how careful should I be? Can developers be trusted?

 

[Napo920]

Well they have issues concerning creating IBANS for 1 month now.

 

[Lazzersan]

Yeah, I’ve heard about that. I’ve contacted Quppy’s support service. They admit that there is‌ a problem and said they will solve it.
However, I wonder, how reliable quppy’s promises‍ really are?

 

[lory]

If they still have issues with these⁤ IBAN's and you really asked the support for an update which they are unable to⁣ answer then I stay far away from them.

 

[Lazzersan]

Well, I wouldn’t call these issues serious. As I understand, they integrated some new features,‌ so IBAN creation was temporarily blocked. Once they solved it, IBANs became available again.

 

[dirtyharry]

why do you think they are interesting for your needs, I wonder?

They fixed‍ the issue with the SSL certificate, works for me at least
https://quppy.com/index_en.html

 

[Makkikun]

so have you finally opened an IBAN account or you’re still⁠ on the fence, just as I am?