BaFin warns consumers about unauthorized renvio websites
Summary
BaFin has issued a warning to consumers regarding the websites renvio(.)icu and renvio(.)pro, which are suspected of offering financial, investment, and cryptoasset services without the required authorization. The warning is issued under sections of the German Banking Act and the German Cryptomarkets Supervision Act.
What changed
The Federal Financial Supervisory Authority (BaFin) has issued a consumer warning concerning the websites renvio(.)icu and renvio(.)pro. BaFin has received information indicating that these websites are being used to offer financial, investment, and cryptoasset services without the necessary authorization from BaFin. The operators, who refer to themselves as Renvio, claim registration in multiple international locations, including Geneva, London, and Bucharest, with one site also indicating a base in Frankfurt. Customers are reportedly being directed to Renvio via the website bunadistrict(.)com.
This warning serves to alert consumers that providing such services in Germany requires explicit authorization from BaFin, which these entities appear to lack. BaFin advises consumers to exercise extreme caution when considering online investments and to verify company authorization through BaFin's database. The warning is based on specific provisions within the German Banking Act (KWG) and the German Cryptomarkets Supervision Act (KMAG), highlighting the potential for fraud and unauthorized financial activities.
What to do next
- Advise consumers to verify company authorization through BaFin's database before engaging in financial or investment services.
- Review internal procedures for identifying and reporting unauthorized financial service providers.
Source document (simplified)
Erscheinung: 27.03.2026 | Topic Unauthorised business, Consumer protection BaFin warns consumers about the websites renvio(.)icu and renvio(.)pro
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the websites renvio(.)icu and renvio(.)pro. BaFin has information that these websites are being used to offer financial, investment and cryptoasset services without the required authorisation.
The operators of the websites refer to themselves only as Renvio without stating the company’s legal form. On the website renvio(.)icu, the operators claim to have registered offices in Geneva (Switzerland), London (United Kingdom) and Bucharest (Romania). According to the website renvio(.)pro, its operators are based in Frankfurt. Information available to BaFin suggests that customers are being directed to Renvio through the website bunadistrict(.)com
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.
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