Erscheinung:16.07.2025 | Topic Unauthorised business, Consumer protection Quantfinity: BaFin warns consumers about the website quantfinity.ai
The Federal Financial Supervisory Authority (BaFin) warns consumers about “Quantfinity” and the services it is offering. BaFin suspects the operators of the website quantfinity.ai of offering consumers banking business and financial, investment and cryptoasset services without the required authorisation. The legal notice (“Impressum”) on the website states that the services are offered by the company ImmVolution GmbH, based in Regensburg, Germany. Insolvency proceedings have been opened against the assets of ImmVolution GmbH by order of the competent local court (Amtsgericht). The company is therefore dissolved.
Anyone providing financial, investment or cryptoasset services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz – KMAG).
Please be aware:
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.
