Profile of Kryptova: A Crypto-Oriented High-Risk Payment Processor

General Overview

Kryptova Biz Ltd, operating under the brand Kryptova (accessible via www.kryptova.biz), is a UK-registered payment services company focused on cryptocurrency-based solutions. The firm is categorized as unregulated and operates within the high-risk merchant sector. It was officially established in October 2021 by Chhavi Mishra, a citizen of India, with a registered virtual office in London.

According to data presented by Scam-or Project, Kryptova has previously been associated with the Invest Area broker. Authorities in Spain (CNMV), Italy (Consob), and Germany (BaFin) have published warnings concerning that broker.

Company Information

Business Activity and Service Model

Kryptova offers digital payment solutions designed for international merchants, specifically those interested in cryptocurrency-based processing. The company also provides white-label crypto gateways tailored to payment service providers (PSPs). Based on public observations, Kryptova appears to support a method where credit card payments are processed through crypto networks, a technique that has become increasingly popular in various merchant models due to its efficiency and speed.

Similarities to Previous Entities

Observers have noted that Kryptova shares design and operational similarities with iPayTotal, a now-defunct payment processor that also operated out of the UK and had Indian ownership. From the website’s color scheme to structural presentation, parallels have been drawn that suggest possible continuity or influence, though no official connection has been confirmed. Given Kryptova’s relatively recent launch and absence of prior public activity, it’s possible the business may have operated under a different name or structure in the past.

Individuals Involved

• Ola Daniel (US) is referenced in Kryptova’s LinkedIn and Facebook profiles.

• Oluwole Ogunlade (LinkedIn) (Nigeria), previously linked to iPayTotal, appears to be associated with the company as well.

• Additional individuals connected include Varun Malhotra, Harshit Verma, and Paul Walker.

These names are publicly discoverable through social media profiles and corporate associations.

Transparency and Website Disclosure

Kryptova’s online platforms (www.kryptova.biz and www.kryptova.global) operate with limited public disclosure. Neither site includes a corporate imprint or detailed information about the organization’s management or ownership structure. While not uncommon for tech startups, this level of anonymity may raise questions in financial services contexts, especially where compliance and trust are paramount.

Request for Further Information

Those with knowledge about Kryptova, its personnel, or its operations are encouraged to submit relevant information through the confidential reporting section on our website.

This article is based on information compiled and analyzed by Scam-or Project, an independent investigative publication covering developments in fintech and digital payment systems.