LYOPay is a Ponzi scheme by the notorious WeWe Global. They claim to have entered the market in 2020.
According to their website, their address is 1/1A Telegraph Street, 2nd Floor, EC2R 7AR.
It’s worth noting that it’s a virtual address. There are six other businesses at the same address, meaning LyoPay doesn’t have an office.
The company offers multiple services, including LyoTrade, LyoTravel, LyoWallet, LyoFi, LyoSwap, and LyoCredit.
All of them claim to offer distinct benefits and features.
The developer of the LyoPay app is DigiLyo App Ltd – UK.
Read more at https://www.gripeo.com/lyopay/
After reviewing the above articles and reviews, it’s clear that LyoPay is a scam.
The LyoPay CEO is Luiz Goes, who used to promote the Ponzi scheme of WeWe Global before marketing this firm.
Their claims sound too good to be true.
It’s common for crypto scammers to make attractive claims to get a ton of initial investors. Once they have many investors, they can boost the value of their coin token.
Then, they sell all their tokens, causing their value to diminish rapidly.
The owners make money while the investors lose all of their investments.
It seems like LyoPay is a similar scam. Hence, avoid.