Wayaki Financial Technologies is in the process of pursuing a Payment Institution (PI) license from the Bank of Lithuania and a Money Services Business (MSB) registration in Canada. Until those licenses and registrations are formally issued, Wayaki is not a licensed bank, e-money institution, or payment institution in any jurisdiction. Features described as "planned," "in development," or "designed for" a future capability — including full EU/EEA passporting, direct SEPA access, and a co-branded prepaid card — are not yet live and are not available for real transactions until we say otherwise in the app.
Balances held in your Wayaki wallet are not insured by the CDIC (Canada), FDIC (United States), or any equivalent deposit-insurance scheme, unless and until Wayaki holds the licenses that make such coverage apply. Don't treat your Wayaki balance as equivalent to a bank deposit.
Remittance settlement times (including "same-day" estimates) depend on third-party rails — banks, mobile-money operators (such as EVC Plus, Zaad, M-Pesa, and telebirr), and payment processors — that Wayaki doesn't control. Delays, outages, or changes at those third parties can affect when a transfer arrives, and are outside our control.
Statements about our roadmap, future corridors, future licenses, or future product features (including anything phrased as "planned," "coming," or similar) are forward-looking and may not happen on the timeline described, or at all. They reflect our current plans, not a guarantee.
As Wayaki obtains new licenses or registrations, the scope of what we can offer — and the protections that apply to your funds — will change, typically expanding. We'll update this page and the app when that happens. If you want to check current status, contact support@wayaki.com.