In the fintech arena disruption is the name of the game but survival isn’t always guaranteed. For UK fintech giant Lanistar, however, resilience has become its defining trait. After a year of legal challenges and financial strains, Lanistar has emerged victorious in a High Court ruling that dismissed the liquidation petition filed by its landlord. With outstanding debts now resolved, a new era starts for the UK-based company; A winning one that underscores founder Gurhan Kiziloz's unwavering commitment to his vision.
On October 23rd, the company announced that the petition to liquidate the business, filed by its landlord, was dismissed in the High Court after settling outstanding debts. This is the latest in a series of victories for a company that, despite all odds, refuses to be beaten.
About Lanistar
Lanistar is an innovative company with a focus on delivering exceptional online betting and gaming experiences. Rooted in Euro fintech excellence, the company has pivoted to become a key name in Brazil’s rapidly evolving gaming market, driven by its commitment to compliance, innovation, and customer satisfaction.
The Phoenix Rises Again - Lanistar
When it comes to fintechs, the ability to weather storms is often the mark of a true innovator. Lanistar’s journey reads like a modern-day epic: battling CCJs, bailiffs, and even an FCA warning. It’s the story of a fintech startup that many wrote off prematurely, yet here it stands. “We've survived it all,” says Kiziloz. “The doomsayers have been predicting our downfall for years, yet here we are, still standing, and under my watch, we’re not going anywhere.”
Kiziloz, the relentless captain at the helm, embodies the spirit of a founder who refuses to let the winds of adversity capsize his vision. Lanistar has seen over £20 million in investments, and despite these challenges, the fintech brand is positioning itself for explosive growth in 2025. “The Lanistar brand will survive, and we will win,” Kiziloz confidently asserts.
Lanistar: An Unstoppable Force in Fintech
Lanistar isn’t just any fintech; it’s a brand built on the promise of innovation. The company aims to simplify the complexity of digital financial services, focusing on offering a multi-currency debit card, perfect for today’s fast-paced, borderless economy. The goal? To make managing money easy and seamless, whether you’re in the UK, Latin America, or beyond.
But the road hasn’t been easy. Lanistar faced serious challenges that would have caused many other startups to fold. In 2020, the Financial Conduct Authority (FCA) issued a warning, raising concerns about its operations. It was a blow that would have shaken any CEO, but for Kiziloz, it was just another hurdle. “We’ve faced winding-up petitions, bailiffs, FCA concerns, and now we’ve overcome it all,” Kiziloz reflects, emphasizing the brand’s refusal to back down.
Reinvention and Expansion
With this legal battle behind them, Lanistar is ready to move forward aggressively. The company is doubling down on its international expansion plans, particularly in Latin America (LATAM), where fintech adoption is growing at an unprecedented pace. But they’re not forgetting their roots in the UK, where they plan to bolster their offerings and solidify their position as a major player in the market.
Kiziloz’s resilience, reminiscent of legendary entrepreneurs like Elon Musk and Steve Jobs, has kept the company alive and thriving. Lanistar isn’t just about surviving; it’s about winning. In the fintech world, where giants fall and newcomers rise, Lanistar is positioning itself to be the latter—a titan that will disrupt the digital payments space and redefine what it means to handle money in the modern world.
The Road Ahead: 2025 and Beyond
As Lanistar gears up for 2025, the road ahead is paved with opportunities. Fintech is one of the fastest-growing sectors in the global economy, an industry worth over $340 b as of 2024 reports, and Lanistar, with its innovative multi-currency solutions, is poised to take advantage of this surge. The brand’s strategy will focus on new product offerings, enhanced customer experiences, and a relentless pursuit of market share in LATAM and the UK, and the rest of the world.
The fintech industry is often likened to a race, with companies vying for dominance. But Lanistar’s journey resembles more of a marathon than a sprint. Through every challenge, every bump in the road, the company has remained focused on the long game, with Kiziloz at the helm, ensuring that the brand always stays one step ahead.
Lanistar’s High Court victory is more than just a legal win; it’s symbolic of the company’s refusal to give up. With big moves planned for 2025 and beyond, and a leader who won’t let adversity define his company’s fate, Lanistar can be a new major force in fintech. As Kiziloz said, “We will win.” And as the dust settles, it’s clear: Lanistar always pays its debts—and then some.
This article was written in cooperation with LANISTER