Regulatory Disclosures
Licenses and Regulatory Compliance
First Leeward is a brand operated by Project Jaguar Holdings LLC, a United States limited liability company registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN). First Leeward delivers its card-issuing and business financial products through a combination of its own FinCEN registration and contractual relationships with regulated financial institutions and licensed money transmitters in each jurisdiction where its products are offered.
This page lists every license, registration, and agent-principal relationship that supports the products available on this website. It is intended for customers, regulators, banking partners, auditors, and prospective business counterparties who need to verify the regulatory standing of the services they use or evaluate.
The information below is updated as registrations are renewed, added, or surrendered. If a license number or jurisdiction listed here appears to be out of date, please contact our team at support@firstleeward.com so we can verify the discrepancy and correct the record.
1. Partnership and Operating Structure
First Leeward's products are made possible through a layered regulatory structure. Money transmission inside the United States is conducted under the agent-principal relationship with Nuvei US LLC (NMLS ID: 1760584), which holds state money transmitter licenses in the jurisdictions listed in Section 4 of this page. Cross-border payments, electronic money issuance, multi-currency account services, and global card programs are provided in partnership with the Currenxie group of companies, whose licenses are listed in Section 3.
Under this structure, Project Jaguar Holdings LLC is responsible for customer onboarding, transaction monitoring, suspicious activity reporting, sanctions screening, and the day-to-day operation of the First Leeward platform. Our licensed partners are responsible for the underlying movement of funds, the safeguarding of customer balances, and the issuance of regulated electronic money and payment instruments. Customer agreements clearly disclose which entity provides each portion of the service.
First Leeward does not hold customer funds on its own balance sheet. All customer balances are held with regulated financial institutions in accordance with the safeguarding rules applicable to the jurisdiction in which the relevant license is issued.
2. First Leeward Registration
The entity that owns and operates the First Leeward brand is registered directly with the United States Treasury's Financial Crimes Enforcement Network. This registration obligates the company to maintain a written Anti-Money Laundering program, designate a compliance officer, conduct independent program reviews, file Currency Transaction Reports and Suspicious Activity Reports as required, and retain records for the periods prescribed by the Bank Secrecy Act.
Project Jaguar Holdings LLC
United States
- Registered Money Services Business (MSB)
- FinCEN Registration No.: 31000313430057
3. Currenxie Group Licenses
The Currenxie group of companies provides the international payment infrastructure, multi-currency accounts, and electronic money services that power First Leeward's cross-border products. Each Currenxie entity is regulated independently in the jurisdiction in which it operates. The list below reflects the licensed entities currently engaged in the First Leeward program and the regulator responsible for supervising each entity.
Currenxie Limited
Hong Kong
- Licensed Money Service Operator, Hong Kong Customs and Excise Department
- License No.: 14-05-01424
- Licensed Hong Kong Money Lender
Currenxie UK Limited
United Kingdom
- Authorized Electronic Money Institution
- Financial Conduct Authority Registration No.: 901010
Currenxie Technologies Limited
Europe
- Authorized Electronic Money Institution
- Registration No.: C471225
Currenxie SA Pty Limited
South Africa
- Licensed Financial Service Provider, South Africa
- License No.: 48691
Currenxie Australia Pty Ltd
Australia
- Registered with AUSTRAC
- ABN: 15 621 566 309
Currenxie Limited
Canada
- Registered Foreign Money Service Business, Canada
- Registration No.: M20910536
4. Nuvei US LLC State Money Transmitter Licenses
For payments and money transmission inside the United States, First Leeward operates as an authorized delegate (agent) of Nuvei US LLC, NMLS ID 1760584. Under this arrangement, Nuvei US LLC is the principal money transmitter and First Leeward conducts transmission activity on its behalf in each jurisdiction where Nuvei US LLC holds a license. The table below lists the state and territorial money transmitter licenses under which this activity is conducted, the regulatory agency that issued each license, the license number, and the license type as designated by that regulator.
Customers and counterparties may verify any of these licenses directly with the listed regulator. License numbers can also be cross-referenced through the Nationwide Multistate Licensing System (NMLS) Consumer Access portal using the NMLS ID listed above.
| Jurisdiction | Regulatory Agency | License No. | License Type |
|---|---|---|---|
| Alabama | Alabama Securities Commission | 621 | Money Transmitter |
| Alaska | Alaska Department of Commerce, Community & Economic Development: Division of Banking & Securities | AKMT-011353 | Money Transmitter |
| Arizona | Arizona Department of Insurance and Financial Institutions | 0950099 | Money Transmitter |
| Arkansas | Arkansas Securities Department | 115747 | Money Transmitter |
| Florida | Florida Office of Financial Regulation | FT230000497 | Money Transmitters |
| Connecticut | Connecticut Department of Banking | MT-1760584 | Money Transmission |
| Delaware | Delaware Office of the State Bank Commissioner | 019964 | Check Seller, Money Transmitter |
| District of Columbia | District of Columbia Department of Insurance, Securities and Banking | MTR1760584 | Money Transmitter |
| Georgia | Georgia Department of Banking and Finance | 66444 | Money Transmitter |
| Idaho | Idaho Department of Finance | MTL-234 | Money Transmitters |
| Illinois | Illinois Department of Financial & Professional Regulation | MT.0000346 | Money Transmitter |
| Iowa | Iowa Division of Banking | 2018-0139 | Money Services |
| Kansas | Kansas Office of the State Bank Commissioner | MT.0000159 | Money Transmitter |
| Kentucky | Kentucky Department of Financial Institutions | SC700230 | Money Transmitter |
| Louisiana | Louisiana Office of Financial Institutions | 1760584 | Sale of Checks and Money Transmitters |
| Maine | Maine Bureau of Consumer Credit Protection | NMT1718700 | Money Transmitter |
| Maryland | Maryland Office of the Commissioner of Financial Regulation | 1760584 | Money Transmitter |
| Michigan | Michigan Department of Insurance and Financial Services | MT0022120 | Money Transmitter |
| Minnesota | Minnesota Department of Commerce | MN-MT-1760584 | Money Transmitter |
| Mississippi | Mississippi Department of Banking and Consumer Finance | 1760584 | Money Transmitter |
| Missouri | Missouri Division of Finance | MO-25-8951 | Sale of Checks and Money Transmitter |
| Nebraska | Nebraska Department of Banking and Finance | 1760584 | Money Transmitter |
| New Hampshire | New Hampshire Banking Department | 1760584MT | Money Transmitter |
| New Jersey | New Jersey Department of Banking and Insurance | 1300698 | Money Transmitter |
| New Mexico | New Mexico Financial Institutions Division | 1760584 | Money Transmission |
| North Carolina | North Carolina Commissioner of Banks Office | 182664 | Money Transmitter |
| North Dakota | North Dakota Department of Financial Institutions | MT104884 | Money Transmitter |
| Ohio | Ohio Division of Financial Institutions | OHMT 187 | Money Transmitter |
| Oklahoma | Oklahoma Department of Banking | OKDOB001 | Money Transmission |
| Oregon | Oregon Division of Financial Regulation | 30220 | Money Transmitter |
| Pennsylvania | Pennsylvania Department of Banking and Securities | 70676 | Money Transmitter |
| Puerto Rico | Puerto Rico Bureau of Financial Institutions | TM-147 | Money Transmitter |
| Rhode Island | State of Rhode Island Department of Business Regulation | 20203943CT | Currency Transmitter |
| South Carolina | South Carolina Office of the Attorney General | 1760584 | Money Transmitter |
| South Dakota | South Dakota Division of Banking | 1760584.MT | Money Transmitter |
| Tennessee | Tennessee Department of Financial Institutions | 1760584 | Money Transmitter |
| Utah | Utah Department of Financial Institutions | 172 | Money Transmitter |
| Vermont | Vermont Department of Financial Regulation | 100-144 | Money Transmitter |
| Washington | Department of Financial Institutions | 550-MT-115936 | Money Transmitter |
| West Virginia | West Virginia Division of Financial Institutions | WVMT-1760584 | Money Transmitter |
5. Contacting Compliance
Regulators, banking partners, and law enforcement agencies may direct compliance inquiries, subpoenas, license verification requests, and audit correspondence to support@firstleeward.com. Routine customer questions about account servicing should be directed through our standard support channels.
Project Jaguar Holdings LLC maintains records of all customer transactions for the retention periods required by the Bank Secrecy Act and applicable state and foreign law. Records requests from authorized parties will be processed in accordance with the relevant legal process.