Texcent (www.texcent.com) is an Indian high-risk payment processor with its holding company Texcent Asia Pte. Ltd and its headquarters in Singapore and more than 12 legal entities in Asia, Europe, Oceania, the Middle East, and North America. The company was founded by the Indian Sumedha Goel (LinkedIn), who is also its CEO.
The Texcent Singapore Payment Operators Pte. Ltd. has been granted a cross-border payment money transfer license by the Monetary Authority of Singapore (MAS).
Texcent is also the founder and operator of the Paycent crypto debit card (www.paycent.com), operated through UK-registered Vista Infotech Ltd.
In Europe, the group operates via Texcent UK Ltd in London and Texcent Europe Ltd in Cyprus. Both European companies have Svetlana Umarova, a Cyprus citizen, and Sumedha Goel, an Indian, registered as directors.
We have uncovered Texcent in various combinations with other partners in scams. Therefore, we put Texcent on our Orange Compliance List.