Company / Incorporation Info for Flare Networks

[RambeauTeasebox]

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.

Edited September 2, 2021 by RambeauTeasebox
clarification

[WrathofKahneman]

Excellent, thank you!

[brianwalden]

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.