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Company Overview

Status of registration:

Active

Business activities:

Software House

Technology Research & Development

Registered Number:

4751

Registered offices:

Unit GA-00-SZ-L1-RT-201, Level 1, Gate Avenue - South Zone, Dubai International Financial Centre, Dubai, , United Arab Emirates

Company Information

Name:

PayNest Fintech Ltd

Trading Name:

PayNest Fintech

Status of Registration:

Active

Type of License:

Non Regulated

Legal Structure:

Private Company

Date of Incorporation :

26 05 2021

Commercial License Validity Date:

25 05 2022

Directors:

Salman Abedin

Qurat Ul Ain Abedin

Naz Abedin

Hafiz Bux Muhammad Salek Abedin

Shareholders:

Salman Abedin

Qurat Ul Ain Abedin

Naz Abedin

Hafiz Bux Muhammad Salek Abedin

Company Secretary:

Salman Abedin

DNFBP: DIFC Designated Non-Financial Businesses and Professions

Not Applicable

Financial Year End:

Class of Issued Shares:

Class A

Number of Issued Shares:

10,000.000000

Data Protection

Data Protection Officer Appointed:

No

Notifications:

Personal Data Processing Operations:

Yes

Transfer of Personal Data from the DIFC:

No

Processing of Special Categories of Personal Data:

No

Purpose for the Personal Data Processing:

Administration of Membership Records, Information & Data Bank Administration

Data Subjects or class of Data Subjects whose Personal Data is being processed:

Clients & Customer

Description of the Class of Personal Data being Processed:

Basic customer identification information such as name, email, contact number, etc, while also collecting data points on the amounts of payments due on each customer from the respective merchants.

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List of Jurisdictions to which Personal Data may be transferred:

Not Applicable

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