United Kingdom · Payments & e-money
Andaria Financial Services UK Limited
Legal name in the LEI recordANDARIA FINANCIAL SERVICES UK LTD
Andaria Financial Services UK Ltd is a private limited company incorporated in England and Wales and based in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, Firm Reference 933187. Companies House records Patrick Seguev, the group's founder, as holding 75% or more of its shares. Under the Andaria brand it offers business payment accounts, embedded finance and card programmes to businesses and platforms. Its sister company, Andaria Financial Services Limited, is licensed in Malta and serves EEA customers. The firm was incorporated in August 2020 as Intercash Financial Services UK Limited and renamed in February 2021.
Licences and registrations
Held by Andaria Financial Services UK LTD (LEI 213800ZDX7ZWPH8IEV51). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 933187 | United Kingdom | Active | 2021-10-11 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- ANIEGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of ANIEGB22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- ANIEGB32
- BIC first registered
- 2023-03-04
- Last updated
- 2023-03-04
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
Firm type
E-money and accounts
Trades as Andaria
- Standing
- Kevin McAdam, who led the firm as UK CEO, resigned as a director on 11 September 2026 according to Companies House. The firm has not published who succeeds him.
- Ownership
- Companies House records Patrick Seguev as the only person with significant control, holding 75% or more of the shares and voting rights as a member of a firm.
- Major shareholder
- Patrick Itzhak Seguev (as a member of a firm) 75% · 27 Aug 2020
- Head office
- International House, 36-38 Cornhill, EC3V 3NG London, United Kingdom
- Company register
- Companies House 12840774
- Incorporated
- 27 Aug 2020
- Founder
- Patrick Seguev
- Former name
- INTERCASH FINANCIAL SERVICES UK LIMITED
Online
- Websites & references
- andaria.com ↗
banking.andaria.com ↗ internet banking portal - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · Spotify (podcast) ↗
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/12840774
- find-and-update.company-information.service.gov.uk/company/12840774/officers
- find-and-update.company-information.service.gov.uk/company/12840774/persons-with-significant-control
- andaria.com/
- andaria.com/legal-and-regulatory/
- andaria.com/keeping-your-money-safe/
- andaria.com/about-us/
- andaria.com/contact-us/
- andaria.com/andaria-visa-principal-membership-announcement/
- andaria.com/andaria-introduces-andaria-crypto/
- paymentsinnovationforum.org/pages/kevin-mcadam
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011, Firm Reference 933187. The firm says YouHodler, a third party, provides its crypto functionality.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 933187 | In its own name | Active | register.fca.org.uk ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it holds customer funds in designated safeguarding accounts with authorised credit institutions, separate from its own money, and reconciles them every business day.
- Crypto-asset custody
- Not disclosedAndaria Crypto lets business account holders hold and convert crypto-assets. The firm says YouHodler powers the service and has not published the custody arrangement.
- Payment schemes and card networks
- Visa Direct andaria.com ↗
Mastercard Direct andaria.com ↗
Discover Direct andaria.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers business payment accounts, embedded finance for non-financial platforms and card programmes, and since January 2026 a crypto feature that it says is powered by YouHodler.
The firm serves UK customers under its FCA authorisation. The group serves EEA customers through its Maltese sister company.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Founder
- Patrick Seguev Founder and Director
- Chief financial officer
- Grant Elliott Chief Financial Officer (group); Company Secretary
- Compliance / MLRO
- Claire Farrugia Chief AML Officer and MLRO (group)
- Executive
- Alan Smith Non Executive Director
- Executive
- Suresh Vaghjiani Non Executive Director
- Executive
- Sarah Oliva Chief Operating Officer (group)
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Kevin McAdam, described by the firm as its UK CEO, resigned as a director on 11 September 2026.
find-and-update.company-information.service.gov.uk ↗ -
Other
Andaria launched Andaria Crypto for business payment account holders, stating that YouHodler powers the service.
andaria.com ↗ -
Other
Andaria announced Visa principal membership, adding Visa to its Mastercard and Discover principal memberships.
andaria.com ↗ -
Leadership
Nirav Patel resigned as a director on 7 May 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm appointed Kevin McAdam as a director on 15 August 2024.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Robert Mennie resigned as director and company secretary, and Grant Elliott became company secretary, on 30 June 2024.
find-and-update.company-information.service.gov.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- ANIEGB22XXX
- How the BIC breaks down
- ANIEBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800ZDX7ZWPH8IEV51
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 933187
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- ba2eb46c12e0
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- HAMILTON HOUSE MABLEDON PLACE LONDON WC1H 9BD UNITED KINGDOM
- Operational address
- HAMILTON HOUSE FLOOR 3 MABLEDON PLACE LONDON LONDON WC1H 9BD UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>ANIEGB22XXX</BICFI>
<LEI>213800ZDX7ZWPH8IEV51</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>ANIEGB22XXX</BICFI>
<LEI>213800ZDX7ZWPH8IEV51</LEI>
<Nm>ANDARIA FINANCIAL SERVICES UK LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>HAMILTON HOUSE MABLEDON PLACE LONDON WC1H 9BD</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: andaria.com (official website) · original.
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