Who provides your service
NovaPayx is a product brand. It is not a bank, and the brand itself holds no licence. Each service is provided by a company that holds the registration or authorisation for that service where you live. This page names those companies, explains what each one does, and shows you how to check their registrations yourself.
1. At a glance
Which company provides your service depends on where you live and on the service you use:
| Where you live | Service | Provided by | Regulatory status |
|---|---|---|---|
| Outside the EEA and the United States | NovaPayx accounts, conversion and payments, as described in the customer terms | Bankbury Ltd | Registered money services business with FINTRAC (Canada) |
| EU/EEA | Crypto-asset services | An EU-authorised crypto-asset service provider | Crypto-asset service provider authorised under MiCA and supervised by BaFin (Germany). Being activated. |
| United States | Services assessed for your state | The applicable regional provider, named before activation | Depends on your state of residence |
| All regions | Technology platform | Axora Payments LLC | Technology only; not a regulated financial service |
The company that provides each service to you is also named in the terms you accept before that service is activated. If this page and your terms differ, your terms apply.
2. The companies that provide your service
Bankbury Ltd
Provides the NovaPayx services described in its customer terms to eligible customers outside the European Economic Area and the United States whom it has onboarded.
- Incorporated in
- Ontario, Canada
- Ontario corporation number
- 1001337443
- Incorporated
- 26 August 2025
- Address
- 1706-935 Dundas Street East, Mississauga, Ontario L4Y 4B7, Canada
- Registration
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Money Services Business registry: N300000832. Registered as a money services business.
Bankbury Ltd and Axora Payments LLC are affiliated companies.
An EU-authorised crypto-asset service provider
Provides crypto-asset services to eligible EU/EEA customers under its own customer agreement, which you accept directly with it. These services are being activated and are not yet available to every customer; the services available to you are shown when you apply.
Authorised crypto-asset service provider under MiCAR, supervised by the Federal Financial Supervisory Authority (BaFin).
Axora Payments LLC
Provides the technology platform NovaPayx is built on: apps, ledger, verification workflows and reporting. It is not a bank, payment institution or crypto-asset service provider.
- Incorporated in
- Delaware, United States
- Delaware file number
- 10210696
3. United States
Applications from customers in the United States are assessed through the applicable regional service provider, subject to your state of residence, verification and service activation. No service is provided until it is activated for you. The provider, the services available to you and the applicable terms are shown before activation. The role of Bankbury Ltd does not cover customers in the United States.
4. Partners behind the service
The providers named above work with other regulated companies to deliver parts of the service:
- Banks and payment institutions. They hold the accounts used to receive, hold and send money in each currency.
- Payout partners. They deliver payments to bank accounts and wallets in the destination country.
- Verification and screening providers. They help verify customers and check payments against sanctions and fraud lists.
These companies act for, or contract with, the provider named above. Where one of them enters into an agreement with you directly, it is named in the terms you accept before that service is activated.
5. How your money and digital assets are held
- Your balance in each currency and asset is recorded separately for you in the NovaPayx ledger.
- Money held through NovaPayx is not a bank deposit. It is not covered by the Canada Deposit Insurance Corporation (CDIC), the US Federal Deposit Insurance Corporation (FDIC), the UK Financial Services Compensation Scheme (FSCS) or any EU deposit guarantee scheme.
- For EU/EEA customers, crypto-assets are held by an EU-authorised crypto-asset service provider under its customer agreement, once that service is activated for you.
- Stablecoins and other crypto-assets are not legal tender and are not covered by deposit or investor compensation schemes. Their value can change, and blockchain transfers usually cannot be reversed. See the risk disclosure.
- How your money is held is set out in the customer terms of the provider that serves you.
6. How to check a registration yourself
You can confirm the details on this page in the official registers:
| Company | Where to check | Search for |
|---|---|---|
| Bankbury Ltd | FINTRAC money services business registry · Ontario Business Registry | N300000832 · 1001337443 |
| Axora Payments LLC | Delaware Division of Corporations entity search | 10210696 |
If what you find differs from this page, contact legal@novapayx.com before you use the service.
7. Companies named in earlier versions
Nova Fintech LLC and Nova Financial Tech Limited were named in earlier versions of the NovaPayx legal documents. They do not hold customer contracts, funds or records. Historical versions
8. What registrations mean
- A registration or authorisation covers only the activities it names, for the company that holds it. It does not extend to the NovaPayx brand, to Axora Payments LLC or to the other companies on this page.
- Registration as a money services business with FINTRAC is a registration under Canada's anti-money-laundering law. It is not a banking licence and not a deposit guarantee.
- Authorisation under MiCA covers the crypto-asset services listed in that provider's authorisation, for customers in the EU/EEA.
- No registration or authorisation is a government endorsement of a company or of a product.
9. Questions and complaints
- Questions about who provides your service: legal@novapayx.com
- Complaints: complaints@novapayx.com · How we handle complaints
- Data protection: dpo@novapayx.com