Plutus is the trading name of Block Code Ltd, Block Code Ltd is a company registered in England and Wales (09674279). The Plutus Account and Visa Card are issued by Contis Financial Services Ltd who are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (registered number 900025) and UAB „Finansinės paslaugos „Contis“ who are authorised by the Bank of Lithuania under the electronic money institution license No. 53.
The Plutus account and Visa Debit Card are electronic money products which are not covered by the Financial Services Compensation Scheme or the Deposit Insurance System of the Republic of Lithuania. The funds will be safeguarded by Contis Financial Services Ltd or UAB „Finansinės paslaugos „Contis“. For any disputes, the Financial Ombudsman Service and the Bank of Lithuania consumers disputes resolutions institution are available.
The Plutus Debit Card is an e-money product, and although it is regulated by the FCA and supervised by the Bank of Lithuania, it is not covered by the FSCS nor the Deposit Insurance System of the Republic of Lithuania.
"We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd or UAB “Finansinės paslaugos” becomes insolvent, your funds will be protected against claims made by creditors."
We’ve made it possible to link your personal cryptocurrency wallet to your Plutus Card without revealing your private keys. This means you can convert your crypto assets to fund your Plutus Card without having to trust any centralised third party. Not your keys, not your crypto.