Coopertoby Ltd d/b/a STICPAY is an FCA-registered EMD agent of CFS-ZIPP Limited, an e-money institution regulated by the UK FCA with the reference number 900027. It offers e-Wallet services for high-risk merchants in gaming and trading.
The company was founded in 2018 by the American Junghyun Park, who is also the controlling person. The second company director is Junghwan Cho, South Korea.
STICPAY offers a local payout service using local banks. The local payout service is currently available in over eight countries worldwide.
STICPAY partnered with many merchant accounts in diverse industries (online shops, online games companies, FX margin trading brokers, etc.). The Sticpay e-wallet enables instant online purchases with real-time statements for refunds. It is the ideal payment solution for merchants with a global client base.
We have found Sticpay as a facilitating payment processor in scam environments. Hence, we included it in our Orange Signal compliance list.