Name
CoGoLinks DIFC Limited
Legal Status:
DIFC Company
DFSA Reference Number:
F009305
Address
Unit GV-00-04-04-OF-05, Level 4, Gate Village Building 04, DIFC, Dubai, UAE
Telephone Number
Date of Licence
01-Sep-2025
Endorsements
Carrying on authorised Financial Services with or for Retail Clients Holding or Controlling Client Assets
Financial Service
Investments
Providing Money Services
Providing or operating a Payment Account, Issuing Payment Instruments, Executing Payment Transactions on a Payment Account provided or operated by another Person
Conditions
Disclosure of testing status
1. The Licensee must disclose prominently on its website and Platform, in any written
communication that it provides to a Client or potential Client, and in any form of electronic
media that it makes accessible to a Client or potential Client, that:
(a) its Licence is a restricted “Innovation Testing Licence'' and it is restricted under the
Licence to testing its Services; and
(b) due to the restricted nature of its Licence, normal requirements and Client protections
may not apply and Clients may have limited rights if they suffer loss as a result of
taking part in testing of its Services.
Test Plan
2. The Licensee must ensure that it complies with its programme for testing its Services as
set out in its Test Plan.
Exit Strategy
3. No later than one month after the end of the Testing Period, the Licensee must submit to
the DFSA either:
(a) a duly completed application to remove the restrictions on its Licence, that includes
all information necessary to demonstrate to the DFSA that it can meet the
requirements to hold an unrestricted Licence; or
(b) a request in writing to withdraw its Licence.
4. In the event the Licensee submits an application to the DFSA to remove the restrictions
on its Licence and the DFSA rejects that application, the Licensee must no later than one
month after it is notified by the DFSA of the rejection, submit a request in writing to the
DFSA to withdraw its Licence.
Restrictions
Restrictions on Financial Services that may be provided:
5. The Licensee is restricted to providing the following Money Services:
(a) Providing or operating a Payment Account
(b) Executing Payment Transactions on a Payment Account provided or operated by
another Person
(c) Issuing Payment Instruments
Activities restricted to testing of Service
6. The Licensee must not carry on a Financial Service under the Licence except for the
purpose of testing its Services.
7. The Licensee may test its Services only during the Testing Period.
Restrictions relating to Clients that may take part in testing
8. The Licensee must ensure that it conducts testing of its Services with no more than:
(a) 100 Clients in total during Phase One; and
(b) 275 Clients in total during Phase Two (with that total including any Clients from
Phase One); and
9. The Licensee must ensure that it conducts testing of its Services only with Clients who
are incorporated in the UAE.
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