Jump to content

Company / Incorporation Info for Flare Networks


RambeauTeasebox

Recommended Posts

3 hours ago, RambeauTeasebox said:

I haven't been able to find anything about the corporate entity behind Flare on any of their websites or social media accounts. I had to do a bit of digging but was able to find some information. I haven't seen this shared here, so I thought I'd post a summary of what I found.

Altairian Ltd. (UK) [https://find-and-update.company-information.service.gov.uk/company/10898534/filing-history]

  • Flare Co-Founder and CEO Hugo Philion incorporated Altairian Ltd. on Aug. 03 2017 and registered the company in London, UK, #10898534.
  • Flare Co-Founder and CTO Sean Rowan was appointed as a director on Jan. 07 2018.
  • Altairian's business activities were described as IT consulting.
  • Sean Rowan was terminated as a director on Aug. 07 2019 and Hugo Philion was terminated as a director on Nov. 05 2019.
  • Flare Networks Ltd. (BVI) appears to have taken control of Altairian Ltd. on Aug. 06 2019, one day before Sean Rowan was removed as a director of Altairian Ltd.
  • Flare Networks Ltd. was registered to control 998 out of 1000 shares in Altairian Ltd. on Aug. 08 2019.

Flare Networks Ltd. (British Virgin Islands) [https://www.datocapital.vg/companies/Flare-Networks-Ltd.html]

  • BVI doesn't appear to have online, searchable data about companies, so what I was able to find is limited.
  • Flare Networks Ltd. was incorporated on July 11 2019, and registered in BVI, #2017587.
  • Directors for the company were registered on July 22 2019 and updated on Dec. 9 2020. (Information hidden/not found).
  • Their registered agent/address appears to have changed on July 01 2021.

From this information, my assumption is that Flare Networks Ltd. is a shell corp. for Altairian Ltd., which is doing the real business of running and developing Flare out of the UK.

There are a few other companies in the UK associated with the name "Altairian" [https://find-and-update.company-information.service.gov.uk/search?q=altairian], including Altairian Capital, which was described as a digital asset custodian [https://www.crunchbase.com/organization/altairian-group]. It was acquired by Diginex/Eqonex [https://www.crunchbase.com/organization/diginex], which "is a digital financial services and blockchain solutions company." However, I haven't found any information connecting it to Flare or Altairian Ltd.

Thanks, someone on Reddit was asking about this recently. This week already give them somewhere to start.

Link to comment
Share on other sites

×
×
  • Create New...