Statement regarding the decision of the Polish Financial Supervision Authority (KNF) of 2 October 2024 to revoke Conotoxia's authorisation to provide payment services.
- Fintech Conotoxia continuously provides an online currency exchange service. All funds entrusted to us are returned to our customers in the requested currency. Other financial services on the web portal are also operational: Invest&Forex and multi-currency lending services.
- All funds entrusted to us by our customers are fully secured.
- The Company is entirely at the disposal of the Polish Financial Supervision Authority. We cooperate openly and reliably with the KNF, answering all questions and doubts and providing access to all required documents.
- The Company is implementing all of the KNF's recommendations as set out in the post-audit protocol in accordance with the KNF's recommendations and the agreed-upon timetable.
- At the same time, we would like to inform you that the Company strongly opposes the issued decision. Acting in the best interest of our customers, we are taking all legal steps to revoke the decision taken by the KNF as soon as possible.