Offshoreoljy

Offshoreoljy is a financial technology company founded in 2015 in Copenhagen, Denmark, that focuses on providing digital banking and wealth management services tailored to clients operating in offshore jurisdictions. The firm offers a suite of products including multi‑currency accounts, automated tax filing assistance, and secure cross‑border transfer solutions. Its platform is built on cloud infrastructure and emphasizes end‑to‑end encryption and compliance with EU data protection regulations.

The company was established by a team of former investment bankers and software engineers who identified a growing demand among global entrepreneurs for streamlined access to offshore financial centers while maintaining strict regulatory oversight. In 2018, Offshoreoljy secured a seed round of USD 3.5 million from European venture funds and subsequently completed a Series A funding of USD 12 million in 2020, expanding its team to over 200 employees.

Offshoreoljy’s operations span multiple jurisdictions, including the British Virgin Islands, Seychelles, and Malta. It partners with local banks and regulatory bodies to facilitate account opening procedures that comply with anti‑money‑laundering (AML) and know‑your‑customer (KYC) standards. The company also offers advisory services on tax planning and reporting to help clients navigate complex international tax frameworks.

Critics argue that the firm’s services could be used to engage in aggressive tax avoidance, citing its connections with low‑tax havens. Offshoreoljy maintains that it operates within the law and provides transparent reporting to regulators. As of 2024, the company has announced plans to introduce blockchain‑based payment solutions, positioning itself at the intersection of traditional offshore finance and emerging digital asset technologies.