Juni Technology AB is a Swedish fintech company, with our registered address at Masthamnsgatan 21, 413 28 Gothenburg, Sweden. Licensed and registered as an electronic money institution with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) with the authority to issue electronic money (“e-money”) and provide payment services (License no: 64025) to customers in the EU/EEA. For UK customers Payment Card Solutions (UK) Limited is authorised by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref: 930619).
For detailed information about our regulated authorities, please see our Imprint page.
The purpose of this Risk Appetite document is to outline Juni’s risk tolerance and the guiding principles governing money laundering and terrorist financing risk identification, measurement, reporting management and monitoring, as required by applicable laws. As a general principle, Juni will not onboard customers who are carrying out businesses or activities that are illegal, conducted in absence of required licenses or permission or present an excessive reputational risk for Juni and our partners.
We won’t let you open or hold an account with us if you or the company carry out any sort of business or activity within the following areas. We will do our best to keep this list up to date. Please note that, as legislation, international sanctions or embargoes and card scheme rules change quickly, this list may need to be updated immediately and without prior notice.
Customers whose business purposes include affiliate marketing, network marketing, referral marketing and multilevel marketing must:
Customers who are considered marketplaces must:
Customers who are working with precious metals and stones, arts and antiques, other valuable commodities, sale of vehicles or other merchants dealing with high value goods. If any payments are to be made to, or received from, a business providing these services, the following restrictions also apply. These businesses must:
Import/export and cross-border logistics companies, including maritime and landbased shipping. These businesses:
UK and Ireland Limited Partnerships. This includes Limited Partnerships (LP), including Scottish Limited Partnerships (SLP) and Limited Liability Partnerships (LLP). These businesses must: