Danish OpenUp Arrived in PayCom42 Listing

PayCom42 has listed and initially reviewed the high-risk payment processor OpenUp, operated by Openup Consulting Services AsP in Denmark. The company’s only director of OpenUp is Svetlana Ivanova. On LinkedIn, we found 12 people connected to the OpenUp across different jurisdictions in the United Kingdom, India, or Nigeria.

OpenUp bills itself as “the future of finance.” According to a presentation and its website, the payment processor offers merchant accounts with dedicated IBAN, SWIFT access, and card processing services.

The high-risk payment processor offers company setup services and offers funding for innovative startups in the payment sector with financing from USD $5,000 to $15 million.

On Trustpilot, OpenUp holds a 4.8-star rating with a corresponding “Excellent” trust level.

We have received credible information that OpenUp is connected to the Indian-British iPayTotal (PC42 profile) group. Thus, we include the payment processor in our “Orange Compliance” list.

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