
Un Limited also has a subsidiary called Blue Financial Limited (BlueFin) of which the Issuer holds a direct investment in of circa 25%. BlueFin has teamed up with Modulr FS Limited who are a UK EMI (Electronic Money Institution) who have applied for a licence in Guernsey under The Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022. BlueFin offers Fiduciary clients a digital payments platform with streamlined onboarding, international payments and FX.