Key Data

• Trading Name: Olky
• Legal Entity: Olky Payment Service Provider SA
• Activities: Neobank
• Location: Luxembourg
• Regulations: supervised by the CSSF and authorised in France by the ACPR
• Key People: Franck Rouayroux

Overview: Olky is a neobank that specializes in providing comprehensive banking services to individuals and professionals. Olky offers a wide range of services, including cash management, treasury management, bill payments, and secure euro and crypto wallets for seamless financial operations.

Olky positions itself as a complete solution for managing professional accounts, ensuring customer identity verification, and providing a secure e-wallet for quick and easy handling of euros and cryptocurrencies.

Industries

Olky is open to all business sectors, making it a versatile solution for various industries, including but not limited to:

• Company formation and capital deposit
• Craftsmen and self-employed individuals
• E-commerce businesses
• Public works and construction companies
• Fiduciaries and lawyers
• Crypto PSAN (Providers of Services for the Acquisition of Cryptocurrencies) and CASP (Crypto Asset Service Providers)
• High-risk sectors

Customer review

Trustpilot Rating: Olky has received positive feedback on Trustpilot, with a 4-star rating based on 1300 reviews. This reflects a high level of customer satisfaction and reliability.

Key Features:

1. Account Management:
   • Access multiple business and personal accounts through a single interface.
   • Separate card accounts and current accounts for precise tracking.
   • Offer card accounts to employees.
2. Transaction Monitoring:
   • View recent transactions, account balances, and upcoming transactions.
3. Transfers and Payments:
   • Create, validate, or cancel one-off and recurring transfers.
   • Utilize Instant Payment for quick transfers, up to €100,000 per transaction, credited in less than 10 seconds across Europe.
4. Card Management:
   • Block and unblock cards in case of loss or theft.
   • Share bank details securely.
5. Customized Limits:
   • Set daily, weekly, and monthly limits for added security and control.

Business Services:

• Remote collection through a virtual POS terminal.
• Distance selling contracts for e-commerce sites.
• Provision of authorization numbers for customer debiting (ICS).
• Management of mandates with remote handwritten or electronic signatures.
• Automatic collection of unpaid invoices.

Online Capital Deposit:

• 100% online capital deposit for companies in the incorporation process.
• Capital deposit certificate issued within 48 working hours.

Regulation

Olkypay is a payment institution authorized to operate in several countries. It holds an establishment authorization (numbered 47/13) issued by the Ministry of Finance. Olkypay is under the prudential supervision of the Luxembourg financial regulatory authority known as the Commission de Surveillance du Secteur Financier (CSSF). Additionally, it is authorized to operate in France by the Autorité de Contrôle et de Résolution Prudentielle (ACPR) under the freedom of establishment.

People

• Franck Rouayroux

Conclusion

Olky has earned a GREEN rating based on its strong regulatory compliance, transparent web presence, positive customer reviews, and approvals from relevant financial authorities. The neobank’s commitment to regulatory standards and customer satisfaction positions it as a reliable and trustworthy option in the financial landscape.