---
title: "Crezco Limited SWIFT/BIC code CRZCGB22XXX · United Kingdom | Elucidate"
description: "Licensed in the United Kingdom: Authorised E-Money Institution (FCA). SWIFT/BIC code CRZCGB22XXX for Crezco Limited, United Kingdom. Head-office BIC."
url: https://elucidate.co/directory/crezco-limited-crzcgb22
---
1. [Directory](https://elucidate.co/directory)
2. [United Kingdom](https://elucidate.co/directory/country/gb)
3. Crezco Limited
United Kingdom · Payments & e-money
# Crezco Limited
Crezco Limited is a private limited company registered in England and Wales, with its office in London. Since 28 January 2026 the Financial Conduct Authority (FCA) has authorised it as an electronic money institution. Before that it was authorised as a payment institution. MMC Ventures Limited holds more than 25% but not more than 50% of its shares, according to Companies House. The firm sells an embedded payments API to software platforms such as Xero and iplicit. Through it, UK businesses pay suppliers by open banking, in bulk, by card and abroad. Its international and foreign exchange payments are provided by The Currency Cloud Limited, which issues the e-money and safeguards the funds.
Register status
Licensed in the United Kingdom
Authorised E-Money Institution · FCA
Prudential licence
[2 licences and registrations ↓](https://elucidate.co/directory/crezco-limited-crzcgb22#licences)
BIC **CRZCGB22XXX** LEI **[254900RR8GEZCFQVD339](https://search.gleif.org/#/record/254900RR8GEZCFQVD339)** [Licence no. **1027543**](https://elucidate.co/directory/crezco-limited-crzcgb22#licences) Reverse billing Head-office BIC only [Claim this profile](https://elucidate.co/directory/crezco-limited-crzcgb22#claim)
## Licences and registrations
Held by Crezco Limited (LEI 254900RR8GEZCFQVD339). 2 entries on 2 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 Institutions](https://elucidate.co/directory/register/fca-emi) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 1027543 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2026-01-28 | — | - Payment services - E-money / stored value | [Search the register ↗](https://register.fca.org.uk/s/) |
| [FCA Financial Services Register - Payment Institutions & RAISPs](https://elucidate.co/directory/register/fca-psd) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 925173 | [United Kingdom](https://elucidate.co/directory/country/gb) | Cancelled - Authorised PI | — | Ended 2026-01-28 | - Payment services | [Search the register ↗](https://register.fca.org.uk/s/) |
- 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:** CRZCGB22XXX head office
- **Connection to Swift:** 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:** 2022-09-03
- **Last updated:** 2022-09-03
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
Customers
Not published
Employees
40
headcount · This entity · 31 Dec 2024 · [regulatory filing ↗](https://find-and-update.company-information.service.gov.uk/company/11752182/filing-history/MzQ4MjUxNDY2N2FkaXF6a2N4/document?format=pdf&download=0)
Ownership
Venture-backed
Firm type
Payment infrastructure
Trades as Crezco
- **Standing:** On 28 January 2026 the FCA authorised the firm as an electronic money institution (FRN 1027543). On the same date its earlier authorisation as a payment institution (FRN 925173) was cancelled. On 25 June 2026 the registered office moved from 192 Campden Hill Road to 123 Buckingham Palace Road, London.
- **Ownership:** MMC Ventures Limited holds more than 25% but not more than 50% of the shares and voting rights, and founder Ralph Rogge is registered as having significant influence or control.
- **Major shareholder:** MMC Ventures Limited
- **Head office:** 123 Buckingham Palace Rd, SW1W 9SH London, United Kingdom
- **Company register:** Companies House 11752182
- **Incorporated:** 7 Jan 2019
- **Founder:** Ralph Rogge
### Online
- **Websites & references:** [crezco.com ↗](https://www.crezco.com/) [docs.crezco.com ↗](https://docs.crezco.com/reference/welcome) developer documentation [support.crezco.com ↗](https://support.crezco.com/) help centre [app.crezco.com ↗](https://app.crezco.com/) customer web application
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/crezcoltd/)
Sources · 15 pages consulted
1. [crezco.com/terms-and-conditions](https://www.crezco.com/terms-and-conditions)
2. [crezco.com/about](https://www.crezco.com/about)
3. [support.crezco.com/faqs](https://support.crezco.com/faqs)
4. [find-and-update.company-information.service.gov.uk/company/11752182](https://find-and-update.company-information.service.gov.uk/company/11752182)
5. [find-and-update.company-information.service.gov.uk/company/11752182/officers](https://find-and-update.company-information.service.gov.uk/company/11752182/officers)
6. [find-and-update.company-information.service.gov.uk/company/11752182/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/11752182/persons-with-significant-control)
7. [find-and-update.company-information.service.gov.uk/company/11752182/filing-history](https://find-and-update.company-information.service.gov.uk/company/11752182/filing-history)
8. [find-and-update.company-information.service.gov.uk/company/11752182/filing-history/MzQ4MjUxNDY2N2FkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/11752182/filing-history/MzQ4MjUxNDY2N2FkaXF6a2N4/document?format=pdf&download=0)
9. [register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx](https://register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx)
10. [lei.bloomberg.com/leis/view/254900RR8GEZCFQVD339](https://lei.bloomberg.com/leis/view/254900RR8GEZCFQVD339)
11. [xero.com/uk/accounting-software/bill-payments-faqs/](https://www.xero.com/uk/accounting-software/bill-payments-faqs/)
12. [financialit.net/news/fundraising-news/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-](https://financialit.net/news/fundraising-news/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-partnership)
13. [thepaypers.com/fintech/news/crezco-raises-usd-12m-in-series-a-funding-and-partners-with-xero](https://thepaypers.com/fintech/news/crezco-raises-usd-12m-in-series-a-funding-and-partners-with-xero)
14. [thepaypers.com/payments/news/iplicit-and-crezco-partner-to-launch-embedded-payments-for-uk-mid-market](https://thepaypers.com/payments/news/iplicit-and-crezco-partner-to-launch-embedded-payments-for-uk-mid-market)
15. [ffnews.com/news/free-b2b-payment-processor-crezco-announces-3m-seed-fundraise](https://ffnews.com/news/free-b2b-payment-processor-crezco-announces-3m-seed-fundraise)
## Authorisation
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
- **Operates under:** Several models
- **Licensed firm it operates under:** The Currency Cloud Limited, United Kingdom provides the firm's foreign exchange services and issues the e-money for its international payments
The FCA authorises the firm as an electronic money institution (FRN 1027543), which covers its payment initiation, account information and e-money services in the UK. For cross-border and foreign exchange payments, The Currency Cloud Limited issues the e-money and provides the regulated payment services, under its own FCA authorisation as an electronic money institution (FRN 900199).
| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 1027543 | In its own name | Active | [crezco.com ↗](https://www.crezco.com/terms-and-conditions) |
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 925173 | In its own name | Withdrawn or expired | — |
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](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
- **Safeguarding:** Segregated safeguarding accountsThe firm says it does not hold funds for domestic open banking payments. For UK bulk payments through a transit account, it says ClearBank Limited holds customer funds in safeguarded accounts. For cross-border payments, it says The Currency Cloud Limited holds them in safeguarding accounts at UK and EU banks. [support.crezco.com ↗](https://support.crezco.com/faqs)
- **Safeguarding bank · Partner:** The Currency Cloud Limited United Kingdom [support.crezco.com ↗](https://support.crezco.com/faqs)
- **Safeguarding bank · Partner:** ClearBank Limited United Kingdom [support.crezco.com ↗](https://support.crezco.com/faqs)
- **Payment schemes and card networks:** Faster Payments Access not stated [xero.com ↗](https://www.xero.com/uk/accounting-software/bill-payments-faqs/)
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](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
- Payment initiation (open banking)
- Domestic payments
- Payouts and mass payments
- International money transfer
- FX conversion
- E-money wallet
- Account information (open banking)
It provides an API through which accounting and other business software platforms embed supplier payments for UK businesses. These include open banking payments, bulk payments through a transit account, card-funded bill payments and international payments.
It serves UK businesses under its UK authorisation. Its international service pays suppliers abroad in their local currency through The Currency Cloud Limited.
- **Sells to:** Platforms and marketplaces · Small businesses
- **Serves customers in:** United Kingdom
- **Latest funding round:** Series A · USD 12m Nov 2023 Led by MMC Ventures, 13books Capital [financialit.net ↗](https://financialit.net/news/fundraising-news/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-partnership)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
- **Chief executive:** Ralph Rogge Chief Executive Officer and Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/11752182/officers)
- **Executive:** Oliver Owen Whitmore Richards Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/11752182/officers)
- **Executive:** Michael Barrett McFadgen Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/11752182/officers)
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/crezco-limited-crzcgb22#overview-sources)
1. Jun 2026
Funding
The firm filed allotments of new shares at Companies House in December 2025 and in January, February, March, May and June 2026.
[find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/11752182/filing-history)
2. Mar 2026
Other
The accounting software firm iplicit announced a partnership with Crezco to launch embedded open banking payments, called iplicitPay.
[thepaypers.com ↗](https://thepaypers.com/payments/news/iplicit-and-crezco-partner-to-launch-embedded-payments-for-uk-mid-market)
3. Jan 2026
Licence
The FCA authorised the firm as an electronic money institution and cancelled its authorisation as a payment institution on 28 January 2026.
[crezco.com ↗](https://www.crezco.com/terms-and-conditions)
4. Nov 2023
Funding
The firm raised USD 12 million in a Series A round led by MMC Ventures and 13books Capital. It also began powering bill payments in Xero.
[financialit.net ↗](https://financialit.net/news/fundraising-news/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-partnership)
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:** CRZCGB22XXX
- **How the BIC breaks down:** 1. CRZC Bank 2. GB Country · United Kingdom 3. 22 Location · reverse billing 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 254900RR8GEZCFQVD339
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/254900RR8GEZCFQVD339)
- **Licence no. · FCA-EMI:** 1027543
- **Licence no. · FCA-PSD:** 925173
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. Register entries: Matched by Elucidate on the UK company number the register gives.
- **Register-entry ID:** 99cc62a09144
## Profile
- **Type:** Payments & e-money
- **Regulation:** Prudential licence
- **Register licences:** [2 entries on 2 registers](https://elucidate.co/directory/crezco-limited-crzcgb22#licences)
- **Activities:** - Payment services - E-money / stored value
- **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb)
- **Website (register):** [www.crezco.com ↗](http://www.crezco.com/)
- **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:** 192 CAMPDEN HILL ROAD LONDOM W8 7TH UNITED KINGDOM
- **Operational address:** 192 CAMPDEN HILL ROAD LONDON LONDON W8 7TH 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
```xml
CRZCGB22XXX
254900RR8GEZCFQVD339
```
### 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
```xml
CRZCGB22XXX
254900RR8GEZCFQVD339
CREZCO LIMITED
GB
192 CAMPDEN HILL ROAD LONDOM W8 7TH
```
Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
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.
## Related institutions
### Other payments & e-money institutions in the United Kingdom
- [Stonex Financial LTD BIC IGLUGB2L Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 446717 (FCA-PSD) · also on FINTRAC-MSB · LEI 549300AWF3TOHRYL7754](https://elucidate.co/directory/stonex-financial-ltd-iglugb2l)
- [Dex International Limited · trading as DEXREMIT No BIC Payments & e-money Crypto Money service business Prudential licence United Kingdom · Licensed by FCA · 503929 (FCA-PSD) · also on HMRC-MLR, FINTRAC-MSB · LEI 9845003995D06S994R04](https://elucidate.co/directory/dex-international-limited-ff2b0c01c725)
- [Euronet Payment Services Ltd · trading as Ria Money Transfer, Ria No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 504630 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/euronet-payment-services-ltd-6f4dec33a392)
- [Instinet Europe Limited BIC ISNTGB2L Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 140822 (FCA-PSD) · LEI 213800MXAKR2LA1VBM44](https://elucidate.co/directory/instinet-europe-limited-isntgb2l)
- [Isx Financial UK LTD BIC ISFIGB22 Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 901034 (FCA-EMI) · LEI 2138007BDV9IRS8AYD07](https://elucidate.co/directory/isx-financial-uk-ltd-isfigb22)
- [Western Union Payment Services GB Limited · trading as Manning House, WU No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 816890 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/western-union-payment-services-gb-limited-0741de977896)
- [A to Z 4U Ltd · trading as SAAK REMIT, Saakpay No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 570837 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/a-to-z-4u-ltd-25c2ca0fa3b5)
- [Allied Wallet Limited No BIC Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 900124 (FCA-EMI) · also on FCA-PSD · LEI 213800HO66BDXP716G24](https://elucidate.co/directory/allied-wallet-limited-8983cc2e32eb)
[See all →](https://elucidate.co/directory/search?type=payments&cc=GB)
Claim this profile
## Work at Crezco Limited?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
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 →](https://elucidate.co/directory/methodology)
Credits for this page
- **FCA Financial Services Register - E-Money Institutions**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) as at 25 September 2026
- **FCA Financial Services Register - Payment Institutions & RAISPs**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) 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: [crezco.com](https://www.crezco.com/) (official website).
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.