FCA-Regulated EMI Pixxles Appoints Salma Kamaly As Director!

FCA-regulated e-Money Institute (EMI) has appointed Salma Kamaly as an additional director, effective May 23, 2022. Kamaly, born in September 1986, is reportedly a compliance expert who also serves as the sole director of JS Compliance Consultants Limited (JSCC). The company operates a rather strange website with the domain www.jslc.co.uk which certainly does not comply with the applicable compliance rules – there is no imprint and no information about the operators.

The beneficial owner of Pixxles (PC42 profile) is American Amber Fairchild, who previously also worked at the notorious high-risk payment processor T1 Payments (PC42 profile) Founded in 2018, Pixxles has attracted attention in the last two years, mainly due to ongoing increases in its share capital. As of March 29, 2022, its share capital increased to over GBP 2.8 million.

We did not find any detailed information on Salma Kamaly during our research, which is strange. One would assume that a director of an FCA-regulated e-Money Institution should provide some guidance. Therefore, we are unable to provide any further details.

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