United Kingdom · Payments & e-money
Bancom Europe Limited
Legal name in the LEI recordBANCOM EUROPE LTD
Moniepoint UK Ltd, formerly Bancom Europe Ltd, is a private limited company in London. The Financial Conduct Authority (FCA) authorises it as an electronic money institution under the Electronic Money Regulations 2011 (reference 900098). Moniepoint GB Ltd has held 75% or more of its shares since 21 May 2025. Moniepoint GB is part of the Moniepoint group, which is Nigerian in origin. Under the MonieWorld brand, the firm offered GBP e-money accounts to UK residents, with transfers and bill payments to Nigeria. In August 2026 Moniepoint announced that MonieWorld was being wound down.
Licences and registrations
Held by Bancom Europe LTD (LEI 8945009EFDE9A67J4B54). 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 InstitutionListed as Moniepoint UK LTDGLEIF legal name: BANCOM EUROPE LTD | 900098 | United Kingdom | Active | 2018-03-13 | — |
|
Search the register ↗ |
The register name differs from the legal name in GLEIF. This can follow a rename. Treat the LEI match as indicative.
Trading names on the register: Monieworld (FCA-EMI)
- 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
- BNEOGB22XXX 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 BNEOGB22 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
- BIC first registered
- 2024-11-02
- Last updated
- 2024-11-02
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Moniepoint GB Ltd
Firm type
Money remittance
Trades as MonieWorld
- Standing
- The firm was renamed from Bancom Europe Ltd to Moniepoint UK Ltd on 12 September 2025. On 25 August 2026 Moniepoint announced it was winding down MonieWorld, the firm's only publicly marketed service. Some press reports say transactions stopped on 15 August 2026 and that the service closed on 15 September 2026. The firm has not confirmed these dates on its own site.
- Ownership
- Moniepoint GB Ltd (Companies House 15500471) holds 75% or more of the firm's shares and voting rights. Moniepoint GB is part of the Moniepoint Inc. group.
- Direct parent
- Moniepoint GB Ltd, United Kingdom
- Ultimate owner
- Moniepoint Inc.
- Head office
- 8th Floor, 22 Upper Ground, Sea Containers House, SE1 9PD London, United Kingdom
- Company register
- Companies House 07930355
- Incorporated
- 31 Jan 2012
- Former name
- BANCOM EUROPE LTD
Online
- Websites & references
- monieworld.com ↗
bancom.eu ↗ former domain of Bancom Europe Ltd (fetch was refused) - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/07930355
- find-and-update.company-information.service.gov.uk/company/07930355/officers
- find-and-update.company-information.service.gov.uk/company/07930355/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/07930355/filing-history
- find-and-update.company-information.service.gov.uk/company/15500471
- monieworld.com/
- monieworld.com/faqs/
- techcabal.com/2026/08/25/moniepoint-phasing-out-monieworld-uk-remittance/
- techpoint.africa/news/moniepoint-acquires-bancom-europe/
- thepaypers.com/payments/news/moniepoint-discontinues-monieworld-its-uk-remittance-product
- technext24.com/news/moniepoint-shuts-down-monieworld-14-months/
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 (reference 900098) to issue e-money and provide payment services. Before December 2025, MonieWorld accounts were provided by its parent, Moniepoint GB Ltd, as a distributor of PayrNet Limited. The firm's own licence did not cover those accounts.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised E-Money Institution | 900098 | In its own name | Active | — |
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 customer money is held in one or more segregated bank accounts with a regulated third-party credit institution, as the Electronic Money Regulations 2011 require. The firm does not name the bank.
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
Under the MonieWorld brand, the firm offered GBP accounts and transfers from the UK to Nigerian bank accounts. It also offered payment of Nigerian electricity and TV bills. MonieWorld accounts opened from 1 December 2025 were provided by the firm.
The firm served UK residents, and UK-registered businesses under its terms, sending money to Nigeria.
- Sells to
- Consumers · Small businesses
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Tosin Eniolorunda Director
- Executive
- Ravi Jakhodia Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Moniepoint announced that MonieWorld, the firm's UK-to-Nigeria remittance service, was being wound down to refocus on African markets.
techcabal.com ↗ -
Funding
The firm allotted new shares on 15 April 2026, bringing its stated capital to GBP 1,097,717.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm began providing all new MonieWorld accounts. Existing accounts were to migrate from Moniepoint GB Ltd.
monieworld.com ↗ -
Other
The firm changed its name from Bancom Europe Ltd to Moniepoint UK Ltd on 12 September 2025.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
Moniepoint GB Ltd became the firm's controlling shareholder on 21 May 2025, replacing Avraham Shaked.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Tosin Eniolorunda and Ravi Jakhodia became directors on 21 May 2025. Jonathan Amrani, Andrew Downes and Clare Mahood resigned that day.
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
- BNEOGB22XXX
- How the BIC breaks down
- BNEOBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 8945009EFDE9A67J4B54
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900098
- 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
- 6044017ab34c
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
- 27-28 CLEMENTS LANE LONDON EC4N 7AE UNITED KINGDOM
- Operational address
- ST. CLEMENTS HOUSE ST CLEMENT'S LANE LONDON LONDON EC4N 7AE 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>BNEOGB22XXX</BICFI>
<LEI>8945009EFDE9A67J4B54</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>BNEOGB22XXX</BICFI>
<LEI>8945009EFDE9A67J4B54</LEI>
<Nm>BANCOM EUROPE LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>27-28 CLEMENTS LANE LONDON EC4N 7AE</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: monieworld.com (official website) · original.
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