EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is FINCTEK licensed under MiCA in the European Union?
FINCTEK's European entity (FINCTEK UE SAS) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by France on 11 September 2025.
Verdict: FINCTEK appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | FINCTEK UE SAS |
|---|---|
| Home Member State | France |
| National Competent Authority | Autorité des Marchés Financiers (AMF) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 969500PTJJZTCE0I3B60 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Order execution, Placing, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About FINCTEK
FINCTEK is the brand of FINCTEK UE SAS, a French simplified joint-stock company (société par actions simplifiée) headquartered in Paris. According to the company, it was founded in 2023 by professionals in financial engineering and technology from Côte d'Ivoire, Cameroon, and France, and the European entity sits alongside a wider group operating in Africa. FINCTEK states its goal is to use blockchain to advance financial inclusion, and it is led by president Pierre Le Pape. Source: FINCTEK
The platform is a consumer-facing crypto-asset service provider rather than a bank, broker, or asset manager. FINCTEK describes a service that lets European clients exchange crypto-assets for funds or for other crypto-assets, hold assets in custody on the platform, execute orders, and transfer assets to a beneficiary's wallet. The company states it will notably facilitate exchanges between crypto-assets and the EUR, USD, XAF (Central African CFA franc), and XOF (West African CFA franc) currencies. The research does not indicate staking, savings, or card products. Source: FINCTEK Services
On the legal point, the contracting entity FINCTEK UE SAS is authorised as a crypto-asset service provider under the EU's Markets in Crypto-Assets Regulation (MiCA) by the French regulator, the Autorité des Marchés Financiers (AMF), and appears on the AMF white list. The authorisation covers the following MiCA services: custody and administration of crypto-assets, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, execution of orders, placing of crypto-assets, and transfer services. Services outside this list, including advice or portfolio management, are not part of the authorisation. Sources: AMF white list, AMF registration document
Which crypto services is FINCTEK authorised to offer in the EU?
Under its MiCA authorisation issued by Autorité des Marchés Financiers (AMF), FINCTEK (FINCTEK UE SAS) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Providing custody and administration of crypto-assets on behalf of clients
The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.
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Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
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Exchange of crypto-assets for other crypto-assets
The exchange offers crypto-to-crypto trading (e.g. BTC to ETH). Required for most spot trading pairs not denominated in fiat.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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Providing transfer services for crypto-assets on behalf of clients
The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.
Which services is FINCTEK not authorised to offer?
FINCTEK's MiCA licence does not cover: Trading platform, Order R&T, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by FINCTEK under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is FINCTEK licensed in France?
France ran one of the EU's earliest national crypto regimes, the PACTE Law DASP (Digital Asset Service Provider) registration, which gave the AMF years of pre-MiCA supervisory experience. The AMF began granting MiCA CASP authorisations in 2025-2026 and also maintains a public white list of CASPs passporting into France from other EEA states. BlockNodes SAS, the French entity behind the SwissBorg consumer brand, received its direct MiCA authorisation from the AMF in March 2026. Source: Autorité des Marchés Financiers (AMF).
| National Competent Authority | Autorité des Marchés Financiers (AMF) |
|---|---|
| Investor compensation | Fonds de Garantie des Dépôts et de Résolution (FGDR); check directly with the AMF for crypto-asset-specific compensation scope. |
| Regulatory context | Early mover on national crypto licensing (PACTE Law) ahead of MiCA; the AMF also publishes a white list of EEA-passported CASPs. |
What does this mean for users of FINCTEK in the EU?
If you transact through FINCTEK's EEA-authorised entity (FINCTEK UE SAS), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in FINCTEK's terms of service that your contracting entity is FINCTEK UE SAS, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to FINCTEK?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind FINCTEK's entry on the register:
Frequently asked questions about FINCTEK and MiCA
Is FINCTEK licensed under MiCA?
Yes. FINCTEK appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of France.
Which EU countries can FINCTEK serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on FINCTEK protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in FINCTEK's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to FINCTEK's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.