Last updated: 11 December 2025

These Terms & Conditions (“Terms”) govern your access to and use of the website xentis.io (the “Website”), operated by NIKIPAY LIMITED, trading as Xentis (“Xentis”, “we”, “us”, “our”).

By accessing or using this Website, you agree to be bound by these Terms. If you do not agree, you must not use the Website.

1. About Xentis

Xentis is a trade name of NIKIPAY LIMITED, a company incorporated in British Columbia, Canada, and registered as a Money Services Business (MSB) with FINTRAC.

The Website provides general information about our business and services. Access to any services is subject to separate onboarding, approval, and, where applicable, additional agreements.

2. No banking relationship and no deposits

Xentis is not a bank.

We do not:

• Accept deposits
• Offer savings or current accounts
• Provide lending, credit, or interest-bearing products

Nothing on this Website constitutes banking, custody, or deposit-taking services.

3. Eligibility and permitted use

You may use this Website only if you:

• Are legally capable of entering into a binding agreement
• Use the Website in compliance with all applicable laws and regulations

You must not use the Website for any unlawful, fraudulent, misleading, or prohibited purpose.

4. No offer or solicitation

Information on this Website is provided for general purposes only and does not constitute an offer, solicitation, or commitment to provide any service.

All services, where offered, are subject to:

• Eligibility and onboarding
• Risk assessment and approval
• Applicable laws and internal policies

We may refuse or discontinue services at our sole discretion.

5. Compliance, onboarding, and information accuracy

Where services are offered, you may be required to complete onboarding, including:

• Identity and business verification (KYC/KYB)
• Beneficial ownership disclosure
• Screening and ongoing monitoring
• Source of funds / source of wealth checks

You agree to:

• Provide accurate, complete, and up-to-date information
• Promptly notify us of any changes

Providing false or misleading information may result in refusal, suspension, or termination of access.

6. Temporary holding of funds (no custody or deposits)

In the course of providing services, Xentis may receive and temporarily hold fiat or digital assets solely for the purpose of:

• Executing a requested transaction
• Conducting security and compliance checks
• Facilitating settlement to a designated wallet or destination

Such holding:

• Is incidental to transaction processing
• Is limited in duration (including up to 48 hours)
• Does not constitute deposit-taking, custody services, or stored value accounts
• Does not earn interest

Client funds are not held as balances and are not intended to be repayable outside the execution of the relevant transaction.

7. No third-party involvement

Xentis does not permit third parties to be involved in any part of the onboarding, communication, or transaction process.

You agree that:

• All interactions must be made directly by you or your authorised representative
• No agents, brokers, introducers, or intermediaries are permitted
• Any instruction or transaction not initiated through official Xentis channels will not be supported and may be rejected

Xentis is not responsible for any loss arising from third-party involvement.

8. Reverse solicitation and jurisdictional restrictions

Our services are intended for clients where we are permitted to operate under applicable law.

If you access this Website from outside Canada, including from the European Union or the United Kingdom, you acknowledge that:

• You do so on your own initiative
• Such access is deemed to be under reverse solicitation
• Nothing on this Website constitutes marketing or promotion into those jurisdictions

For the United Kingdom in particular:

• This Website is not directed at, and should not be relied upon by UK persons
• It is not intended to be a financial promotion under the UK Financial Services and Markets Act 2000 or related regulations

You are solely responsible for ensuring that your use of the Website complies with the laws of your jurisdiction.

9. Prohibited activities

• Money laundering, terrorist financing, fraud, or criminal activity
• Sanctions violations or dealings with prohibited persons or entities
• Any illegal, deceptive, or abusive activity
• Any attempt to interfere with or bypass our security, systems, or controls

We may report suspicious activity to relevant authorities where required by law.

10. Intellectual property

All content on the Website, including text, graphics, logos, and design, is owned by or licensed to Xentis and protected by intellectual property laws.

You may use the Website for personal and lawful purposes only. You must not copy, reproduce, modify, distribute, or create derivative works without our prior written consent.

11. Third-party links

The Website may contain links to third-party websites or services. These are provided for convenience only.

Xentis does not control and is not responsible for the content, policies, or practices of third parties. Accessing such sites is at your own risk.

12. Disclaimers

The Website is provided on an “as is” and “as available” basis.

To the maximum extent permitted by law:

• We make no warranties as to accuracy, completeness, or availability
• Information on the Website does not constitute legal, financial, or investment advice

We do not guarantee uninterrupted or error-free operation.

13. Limitation of liability

To the fullest extent permitted by law, Xentis shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or loss of profits, revenue, data, or business arising out of or in connection with your use of, or inability to use, the Website.

14. Indemnity

You agree to indemnify and hold harmless Xentis, its directors, officers, employees, and affiliates from any claims, losses, liabilities, and expenses arising from your use or misuse of the Website or your violation of these Terms or applicable law.

15. Suspension and termination

We may suspend, restrict, or terminate access to the Website at any time, without notice, where we reasonably believe there is security, compliance, legal, or operational risk.

16. Changes to these Terms

We may update these Terms from time to time. The latest version will be posted on this page with a revised “Last updated” date.

Your continued use of the Website after changes constitutes acceptance of the updated Terms.

17. Governing law

These Terms are governed by the laws of Canada and the laws of the Province of British Columbia, without regard to conflict of laws principles.

You agree that any dispute shall be subject to the exclusive jurisdiction of the courts of British Columbia, Canada.

18. Contact us

If you have any questions about these Terms, please contact:

Support: support@xentis.io
Compliance: compliance@xentis.io

Business Address:
NIKIPAY LIMITED
300-1095 McKenzie Avenue
Victoria, BC V8P 2L5
Canada