FCA-Regulated Pixxles Appointed Salma Kamaly As Director!

Charlene Lensburg
Mon, 06 Jun 2022 06:40:30 +0000
EMI, Job Movements, Amber Fairchild, Donald Kasdon, Pixxles, Salma Kamaly, Scott Dawson, T1 Payments

The FCA-regulated high-risk payment processor Pixxles is allegedly the successor to the US-based T1 Payments group. The former T1 Payments manager and partner of its founder Donald Kasdon, Amber Fairchild, established the company in October 2018 and is its beneficial owner. Pixxles appointed Salma Kamaly as an additional director a few days ago, PayCom42 reported. Kamaly is purportedly a compliance expert who also serves as the sole director of JS Compliance Consultants Limited (JSCC).

Key Data

Trading name | Pixxles
Domain | www.pixxles.com

Legal entity

Pixxles Ltd (UK)
Pixxles LLC (US)
PXLS LLC (US)
T1 Global Services LLC

Jurisdiction | United Kingdom
Regulator | UK FCA with reference no 927960

Related individuals

Amber Fairchild, US
Scott Dawson, UK (LinkedIn)
Salma Kamaly, UK

Related brands | T1 Payments

Related individuals

Donald Kasdon (US)
Debra Karin King aka Debra Karen Kasdon (US)

PayCom42 profile | Pixxles on PayCom42

Read the latest T1 Payments reports.

Short Narrative

JSCC operates a rather strange website with the domain www.jslc.co.uk which certainly does not comply with the applicable compliance rules – there is no imprint and no information about the operators. Pixxles has attracted attention in the last two years, mainly due to ongoing increases in its share capital. As of March 29, 2022, its share capital increased to over GBP 2.8 million. Pixxles‘ 2020 balance sheet shows an impressive loss of more than GBP 940,000. What the figures for 2021 look like is not yet known, but apparently, money is burned on an ongoing basis.

We did not find any detailed information on Salma Kamaly during our research, which is strange. One would assume that a director of an FCA-regulated e-Money Institution should provide some guidance. Therefore, we are unable to provide any further details.

Share Information

If you have any information about Pixxles, T1 Payments, or the individuals and partners involved, please let us know through our whistleblower system, Whistle42.