Risk & regulatory notice

Verax Systems Ltd (Company No. 16972520) is a company registered in England and Wales. Verax Systems Ltd is not authorised by the Financial Conduct Authority (FCA) and is not entered on the FCA Financial Services Register. An application for authorisation as a Small Payment Institution under the Payment Services Regulations 2017 is in preparation, with submission anticipated in H2 2026 and a target authorisation date of 2027.

Until authorisation is granted, Verax Systems Ltd does not carry on any regulated activity under the Financial Services and Markets Act 2000 (FSMA), the Payment Services Regulations 2017, or the Electronic Money Regulations 2011. We do not accept deposits, issue electronic money, execute payment transactions, hold client money, or safeguard customer funds.

Authorisation by the FCA is applied for, not guaranteed. References on this website to our “authorised” state describe the product we intend to operate if and when authorisation is granted.

Information on this website is provided for general informational purposes only. It does not constitute, and should not be construed as, investment, legal, tax, regulatory or accounting advice, a recommendation, an offer, or a solicitation of an offer to buy, sell or invest in any product, security, or service.

Certain metrics displayed on our home page and demo page (decisions per day, uptime percentages, latency figures, GTV figures) are illustrative numbers drawn from an internal test environment or from our base-case financial model. They are not historical operating results and must not be relied upon as forecasts.

Because Verax Systems Ltd is not FCA-authorised, we do not communicate financial promotions to the general public. Any content on this website that relates to fundraising, equity, SEIS/EIS relief, investor returns or tax outcomes is restricted and may only be acted on by persons who qualify as one or more of the following under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005:

• investment professionals (Article 19);
• certified high-net-worth individuals (Article 48);
• certified sophisticated investors (Article 50); and
• self-certified sophisticated investors (Article 50A).

If you do not fall into any of the above categories, please do not request access to the data room, and treat any investor-related content on this website as not directed to you.

Any investment in Verax Systems Ltd is an investment in an early-stage, pre-revenue, pre-authorisation company. It carries a material risk of total loss of capital. The business is dependent on obtaining FCA authorisation, which is not guaranteed; on securing regulated partners, which is not guaranteed; and on hiring regulated Senior Managers, which is subject to FCA approval.

Tax reliefs described on this website (including SEIS and EIS) depend on individual circumstances and on rules that may change. Advance Assurance, if obtained, does not guarantee that tax reliefs will ultimately be available. You should take independent tax advice before relying on any such relief.

Nothing on this website is a prospectus or an offer of transferable securities to the public within the meaning of the UK Prospectus Regulation (Regulation (EU) 2017/1129 as it forms part of UK domestic law). Any securities Verax Systems Ltd issues will be issued privately to qualifying investors under the exemptions available in UK law.

Any reference to specific third-party providers on this website (including Clear Junction, Fireblocks, BVNK, Chainalysis, Sumsub, OpenSanctions, Dify, NVIDIA, or Data Monsters) describes the category of partner we intend to use or a service we currently consume. Naming a provider does not constitute a partnership, endorsement, or integration contract unless we state so expressly. All such integrations remain subject to contract and, where relevant, to the partner's own regulatory permissions.

• System availability. No software is immune to outage or failure. Our published SLO targets are design goals, not contractual guarantees, and are measured on staging environments only.
• Integration risk. Upstream API changes or counterparty outages may affect the behaviour of the system.
• Security risk. We take reasonable steps — KMS, TLS 1.3, Multi-AZ architecture, penetration testing, least-privilege IAM — but no digital system is immune to compromise.
• Regulatory risk. Changes to UK or cross-border financial-services regulation may affect our ability to launch, operate or grow.

This website and its contents are governed by the laws of England and Wales. Any disputes arising from use of this website are subject to the exclusive jurisdiction of the courts of England and Wales.

Website, product or conduct concerns should be sent to info@verax.systems. Data-protection concerns to dpo@verax.systems. Regulatory concerns may additionally be raised with the FCA (Firm Reference checks at register.fca.org.uk) or, for data protection, with the Information Commissioner's Office (ICO).