Regulated counterparties only.
Verax is a B2B, B2B2B business serving UK importers of dual-use and export-controlled goods. We do not onboard consumers, and we do not pay introducer commissions for the referral of payment-services customers. Every prospective partner is reviewed on regulatory standing, operating history, and fit with our risk appetite.
Three partner categories.
Authorised EMIs & payment institutions
Licensed money movement will run on Clear Junction, an FCA-authorised EMI (FRN 900684) with which Verax is completing agent registration under regulation 34 of the Electronic Money Regulations 2011. We work with authorised institutions that provide the regulated rails behind our compliance layer. Verax does not execute payments or hold client money.
Licensed BaaS, custody & liquidity
Where a stablecoin leg is involved, settlement is performed by licensed Banking-as-a-Service partners, with digital-asset custody held by the BaaS partner via Fireblocks. The category is institutional; no retail-facing arrangements are contemplated. Verax never holds the crypto-asset or its fiat equivalent.
Importers & enterprise customers
UK importers of dual-use and export-controlled goods, plus supply-chain operators and licensed providers, looking to embed our classification and compliance decisioning into their own flow. All discussions take place under NDA and after baseline due diligence on both sides.
We do not pay introducer commissions to unregulated parties.
The introduction of customers for payment services is, in our view, a regulated activity. Unless an onward referral arrangement is properly structured under the applicable FCA rules on introducers and appointed representatives, we do not operate a commission programme.
If you would like to discuss a genuine enterprise or design partnership, we would be glad to hear from you — but please do not send us unsolicited deal flow on a commission-for-referral basis. We won't action it, and we'll flag it to our compliance function.
Open to conversations.
If you are a regulated institution or an enterprise customer evaluating compliance infrastructure, we would welcome a call. All discussions are under NDA.