Licensing
SquareFi Inc. is a Delaware-incorporated technology company. SquareFi is not a financial institution and does not itself hold any money services, banking, or payment license; it develops and licenses the technology platform.
The financial services accessed through the SquareFi platform are provided by BUYEASY TECHNOLOGY CO., LTD, which maintains the regulatory registration set out below.
BUYEASY TECHNOLOGY CO., LTD, a corporation incorporated under the Canada Business Corporations Act (Corporation Number: 1500317-2), is duly registered as a Money Services Business (MSB) with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) under MSB Registration Number: M23877619 to perform the following activities: Foreign Exchange Dealing, Money Transferring, and Dealing in Virtual Currencies.
BUYEASY is also registered with the Bank of Canada as a payment service provider under the Retail Payment Activities Act (PSP entity ID RPS0014827).
| Financial Services Provider | BUYEASY TECHNOLOGY CO., LTD |
| Registered Address | 320 Matheson Blvd W, Suite 211, Mississauga, ON L5R 0H2, Canada |
| MSB Activities | Dealer in foreign exchange, Money transmitter, Dealing in virtual currencies |
| Regulatory Authority (MSB) | FINTRAC (Canada) |
| Date of MSB Registration | July 12, 2023 |
| Payment Service Provider | Bank of Canada, RPAA (PSP entity ID RPS0014827) |
SquareFi operates its technology platform online and serves clients globally (excluding prohibited and sanctioned jurisdictions); the regulated financial services are provided by BUYEASY TECHNOLOGY CO., LTD.