Section 02

Ownership, Banking
& Processing

2.1

Ownership Structure

Audara LLC is 100% owned and managed by a United States citizen, providing transparency of ownership and direct accountability under US law. There are no foreign owners, silent partners, or undisclosed beneficial owners.

  • 100% single-member ownership — no partnerships or shared ownership structures
  • Sole Managing Member is a United States citizen with established US residency
  • No beneficial owners with indirect control exceeding 10%
  • No pending litigation, regulatory sanctions, or enforcement actions
  • No criminal convictions or pending charges against the managing member
2.2

Managing Member

Full Legal Name
Andrius Radvilas Bubelis
Citizenship
United States
US Residency Since
1995
Ownership
100%
Role
Sole Managing Member
Industry Experience
20+ years in subscription-based digital platforms
Email
andrius.bubelis@audara.us
Phone
+1 786 972 2526
Background: Founded and scaled subscription-based dating platforms operating across 8 European markets with a combined user base exceeding 1 million users. Led technical teams across Lithuania, Latvia, Estonia, Greece, Croatia, Slovenia, and Serbia.
2.3

Banking Relationships

Wells Fargo Business
United States — Primary Account — USD — Hallandale Beach, FL
Active
Yoursafe / Verotel
Netherlands — European EMI — IBAN: NL12YOUR0321857437
Application Pending — May 2026
2.4

Payment Processing History

Cardinity
Lithuania — cardinity.lt — Credit Card Processing
Active
Paysera
Lithuania — Relationship ended due to processor's policy change discontinuing adult dating category industry-wide. Not related to any compliance issue with our account.
Historical
Compliance Record: No payment processor relationships terminated for compliance, fraud, or policy violations. Chargeback rate consistently maintained below Visa and Mastercard thresholds. No regulatory sanctions or enforcement actions against any platform or entity.
2.5

Corporate Restructuring

Audara LLC was established following a strategic restructuring of platform operations from a European corporate structure to a United States entity.

  • Improved governance and transparency under US corporate law
  • Better compatibility with international PSPs and EMIs, many of which prefer US entities for high-risk digital services
  • Operational modernization, separating legacy EU operations from the new growth phase
  • Stronger long-term compliance posture for AML, KYC, and cross-border settlements
  • Scalability to support future expansion and investment readiness
Note: This restructuring was a proactive, strategic decision. It was not triggered by any enforcement action, regulatory sanction, or unresolved financial obligation from the previous structure.