Under the terms of its License and Authorizations, as issued by the Authorized Body, WM Specialized Financial Services is Authorized to carry out the following Activities Internationally, and provide the following ServicesInternationally, except to Citizens or Residents of the country of Incorporation and Domicile:
Private Banking
Electronic Money Issuance
Payments
Money Transfers
Financial Instruments
Negotiable Instruments
Structured Finance
Debt
Shares
Funds
Hedge Funds
Derivatives
Foreign Currency Exchanges
Foreign Currency Swaps
Venture Capital
Project Finance
Fundraising
Investments
Equities
Securities
Private Equity
Webtel.mobi FZ Services Channel Limited (“the Corporation”) is a wholly-owned subsidiary of the company Webtel.mobi (Holdings) Limited (“the Holding Company”), a company registered in the Autonomous Island of Anjouan, Union of Comoros, with Company Number 15868, located at Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros. The Holding Company holds 100% of the authorized and issued share capital of the Corporation.
The Primary purposes of the Corporation are:
To Channel the Authorized services and activities provided by WM Specialized Financial Services LLC to the Holding Company, for applicable use thereof by the Holding Company via its Online Platform, or via any other means as required by it.
To provide such other Authorized Services via WM Specialized Financial Services LLC as requested by the Holding Company.