According to the official websites of Astorts Group and Pietrocola Holding, Italian entrepreneur Alessandro Rocco Pietrocola is based in London and operates with a strategic focus on the Baltics, Asia, and the Middle East. His ventures appear to center around the fintech and payments space. In the UK, Pietrocola is listed as an FCA-approved individual and is connected to two regulated entities: Nextlevel Payments Ltd (a payment institution) and Cuefin Ltd (a loan broker). Additionally, he holds positions and ownership stakes in several cryptocurrency payment-related companies.
A Pattern of Inactive Companies?
Upon reviewing company filings, Pietrocola’s business entities display unusual characteristics. Pietrocola Holding, Astorts Group, and even the FCA-regulated Cuefin and Nextlevel Payments all reported no employees, no meaningful assets, and no revenue in both 2019 and 2020. From a financial standpoint, they resemble dormant shells rather than functioning businesses.
Take Cuefin Ltd for instance — it was incorporated in 2015 with £5,000 in share capital. Since 2018, the company has reported zero staff. By the end of August 2020, its total net assets stood at just €7,670. The pattern continues with Pietrocola’s other ventures:
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Astorts Money (www.astortsmoney.com) appears to be inactive, with the site currently offline;
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Anymoney Ltd, founded in 2020, has yet to file its first accounts and is already overdue;
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Nextlevel Payments Ltd, which received FCA registration in April 2020, had no employees a year later and retained its initial £5,000 capital.
Looking for Insight
The lack of visible operational activity across multiple companies raises questions about their actual purpose and function within the fintech ecosystem. If you have any knowledge or relevant information about Alessandro Rocco Pietrocola or any of his associated businesses, we encourage you to share it anonymously via our Whistle42 platform. We’re currently working on a deeper profile and welcome your input.