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Posts By: Paul Lovgreen

As SVP of Product and Development, Paul is responsible for leading Hyperwallet's technology development teams and implementing the company's product roadmap.

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Hyperwallet is a member of the PayPal group of companies and provides services globally through its affiliates. These affiliates are regulated in various jurisdictions as follows: In Canada, by PayPal Canada Co., a registered money services business (MSB) within the Financial Transactions and Reports Analysis Centre (FINTRAC) under MSB registration: M19890412, and with Revenu Quebec under MSB license number: 12321. PayPal Canada Co. is a Nova Scotia-incorporated corporation, with its primary business address at 661 University Ave., Suite 506, Toronto, ON M5G 1M1; in the United States, through PayPal, Inc., registered with the US Financial Crimes Enforcement Network and licensed in various U.S. states as a money transmitter, NMLS ID no. 910457, with a principal address at 2211 N. First Street, San Jose, California, 95131; in Australia, through Hyperwallet Systems Australia Pty Ltd, ABN 38 616 937 716, registered with the Australian Securities and Investments Commission, Australian Financial Service Licence no. 499092, with a registered office at Level 24, 1 York Street, Sydney, NSW 2000; in the European Economic Area through PayPal (Europe) S.à r.l. et Cie, S.C.A. (R.C.S. Luxembourg B 118 349), a duly licensed Luxembourg credit institution in the sense of Article 2 of the law of 5 April 1993 on the financial sector, as amended, and under the prudential supervision of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier; In Singapore, through PayPal Pte. Ltd. (UEN: 200509725E), licensed by the Monetary Authority of Singapore as a major payment institution under the Payment Services Act 2019 and with its registered address at 5 Temasek Blvd #09-01, Suntec Tower Five, Singapore 038985; in the United Kingdom, through PayPal UK Ltd, authorised and regulated by the Financial Conduct Authority (FCA) as an electronic money institution under the Electronic Money Regulations 2011 for the issuance of electronic money (firm reference number 994790), in relation to its regulated consumer credit activities under the Financial Services and Markets Act 2000 (firm reference number 996405) and for the provision of Cryptocurrency services under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (firm reference number 1000741). Some of PayPal UK Ltd’s products including PayPal Pay in 3 and PayPal Working Capital are not regulated by the FCA.

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