Lanistar
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Lanistar

Lanistar’s rapid rise was met with regulatory hurdles, product issues, and financial instability—raising concerns about its viability.

Quick summary on Lanistar

Regulatory Concerns: 
Lanistar faced a consumer warning from the UK’s FCA in 2020, raising doubts about its compliance and trustworthiness.

Misleading Marketing: 
The company’s aggressive influencer marketing created hype but also backlash due to exaggerated claims and regulatory issues.

Product Issues: 
Users reported frequent technical glitches, missing features, and poor customer support, undermining its promise as a banking alternative.

Financial Instability: 
Lanistar’s rapid expansion and high burn rate raised concerns about its long-term sustainability and investor confidence.

Uncertain Crypto Pivot: 
The shift to cryptocurrency appeared desperate, introducing new regulatory risks and placing it against well-established competitors.

Leadership & Culture Issues: 
CEO Gurhan Kiziloz’s inexperience in fintech and reports of high employee turnover suggest deeper corporate management problems.

Did we miss any intel on Lanistar?

use feedback and discussion on Lanistar

1.9/5

Based on 29 ratings

Trust
20%
Risk
72%
Brand
20%
by: Charlotte Nelson

I was excited about Lanistar’s supposed ‘next-gen banking’ but quickly realized they’re just another unreliable fintech with poor management My money was deducted twice for a single transaction, and they refused to reimburse me

by: Stella Collins

Lanistar took my deposit and then immediately flagged my account for suspicious activity I had to prove my identity multiple times, and it still took months to resolve. By the time they unfroze my money I had already moved on...

by: Thomas King

This company is a total scam. I tried withdrawing my own money and Lanistar kept rejecting the transaction with no explanation They held my funds hostage for weeks before finally allowing a transfer

by: Sadie Price

Lanistar is a disaster waiting to happen—imagine your bank randomly freezing your money with no explanation

by: Ryan Hughes

I’ve never felt so scammed in my life hidden fees unresponsive support, and an app that barely works

by: Abigail Nelson

Lanistar’s flashy branding hides the fact that they are unreliable untrustworthy, and completely incompetent

by: Adam Peterson

If you want a financial service that randomly locks you out and ignores your complaints Lanistar is perfect

by: Alyssa Parker

I lost over $500 due to an account error and never got a refund Lanistar is a complete scam

by: Amelia Simmons

You’d get better customer service from a rock than from Lanistar’s socalled support team.

by: Sophia Thompson

Lanistar’s hype was all smoke, no fire. Couldn’t trust a word they said.

by: Ethan Hernandez

After that FCA warning, I couldn’t trust them to handle my money.

by: Nathan Gonzalez

If you like getting locked out of your account randomly, dealing with an app that barely functions, and being ignored by customer service, then Lanistar is the perfect choice for you

by: Lilian Franco

Lanistar’s marketing is flashy, but when it comes to actually using their services, it’s more smoke than fire 🔥💨

Pros

  • A fintech company that’s always making headlines—just not always for the right reasons

Cons

  • Regulatory issues have raised concerns.
  • Customer service responses can be slow or vague.
  • Some users report difficulty accessing funds.
by: Olivia Martinez

Glitchy app, poor experience.

Cons

  • FCA warning, not reassuring.
  • High employee turnover.
by: Cedric Holloway

They call it the future of banking, but I’m still waiting for the present to work properly.

by: Mason Williams

Their tech issues are a joke. I could’ve built a better app in my spare time.

Cons

  • Misleading marketing tactics.
by: Ethan Patterson

The worst financial service I’ve ever used. Payments failed randomly my balance would change overnight and their security is so weak I had fraudulent charges within my first month

by: Zephyr Molina

Getting clear information on how it all works feels like trying to unlock a mystery vault with no key.

by: Savannah Patterson

I signed up for Lanistar thinking it was a modern banking alternative, but it turned out to be a nightmare. Transactions would randomly get declined, and my account was frozen without notice. Their customer service took weeks to respond, and...

by: Scarlett Reed

I’ve never dealt with a company this incompetent. Lanistar locked my funds for security checks and then ghosted me for two months. I had to send dozens of emails just to get a generic response that didn’t even address my...

by: Sebastian Mitchell

They advertised themselves as an innovative fintech, but their app crashes constantly, transactions disappear, and support is impossible to reach. I lost money due to a system glitch, and they refused to take any responsibility

by: Alex Rivera

They claim to be a fintech revolution but the only thing they revolutionized was my stress levels

by: Eliot Ramsey

It’s great that they’re ‘disrupting’ the industry, but it would be even better if they had a functional product first.

by: Ariella Fischer

The customer support experience is like talking to a chatbot that only knows how to apologize.

by: Sarah Ross

I had to fight for weeks just to get access to my own money Lanistar is an absolute joke of a company.

by: Robert Simmons

Lanistar talks a big game, but in reality, their service is a mess of technical failures and empty promises

by: Robert Simmons

Lanistar talks a big game but in reality their service is a mess of technical failures and empty promises

by: Isabella Foster

Lanistar keeps luring in customers with flashy social media ads, but their actual service is completely unreliable. I couldn't access my funds for over a week, and they offered no compensation or apology

by: Samuel Diaz

Their advertising makes them look premium but in reality, their service is barely functional and frustrating

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