United Kingdom · Payments & e-money
Deel Payments UK LTD
Deel Payments UK Ltd is a private limited company registered in England and Wales. The FCA authorises it as a payment institution under the Payment Services Regulations 2017, reference 947491. Deel, Inc. of the United States is its ultimate parent. Deel acquired the Atlantic Money business in November 2024, and the firm took its current name in April 2026. Under the Atlantic Money brand, it sells currency conversion and international bank transfers to UK individuals and businesses for a fixed fee.
Licences and registrations
Held by Deel Payments UK LTD (LEI 98450073H4667I485303). 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 - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 947491 | United Kingdom | Active | 2022-02-18 | — |
|
Search the register ↗ |
Trading names on the register: Atlantic Money (FCA-PSD)
- 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.
Other register entries with this LEI
Shown for reference: they share the LEI but are not merged into this page
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- ATLOGB22XXX 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 ATLOGB22 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
- 2022-04-02
- Last updated
- 2026-07-17
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Atlantic Money, Inc.
Firm type
Money remittance
Trades as Atlantic Money
- Standing
- The firm changed its name from Atlantic Money Ltd to Deel Payments UK Ltd on 16 April 2026. It continues to trade under the Atlantic Money brand.
- Ownership
- According to its GLEIF record, the firm's direct parent is Atlantic Money, Inc. and its ultimate parent is Deel, Inc., both of the United States.
- Direct parent
- Atlantic Money, Inc. ↗, United States
- Ultimate owner
- Deel, Inc., United States
- Head office
- The News Building, 3 London Bridge Street, SE1 9SG London, United Kingdom (registered office: 3rd Floor 1 Ashley Road, Altrincham, Cheshire, WA14 2DT, United Kingdom)
- Company register
- Companies House 13057810
- Incorporated
- 2 Dec 2020
- Founders
- Neeraj Baid · Patrick Kavanagh
- Former name
- Atlantic Money Ltd
Online
- Websites & references
- atlantic.money ↗
news.atlantic.money ↗ newsroom
support.atlantic.money ↗ help centre
app.atlantic.money ↗ web application (sign-in and sign-up)
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 14 pages consulted
- register.fca.org.uk/s/firm?id=0014G00002d8xQMQAY
- find-and-update.company-information.service.gov.uk/company/13057810
- find-and-update.company-information.service.gov.uk/company/13057810/officers
- find-and-update.company-information.service.gov.uk/company/13057810/filing-history
- find-and-update.company-information.service.gov.uk/company/13057810/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/13057810/filing-history/MzUwNDUzMDQ4M2FkaXF6a2N4/document?format=pdf&download=0
- atlantic.money/gb/en/
- atlantic.money/l/user-agreement?userType=individual
- support.atlantic.money/support/solutions/articles/101000360850/
- news.atlantic.money/article/atlantic-money-is-joining-deel
- news.atlantic.money/article/atlantic-non-executive-director
- deel.com/atlantic-money-acquisition/
- fintechfutures.com/m-a/deel-boosts-european-payments-infrastructure-with-acquisition-of-atlantic-money
- en.wikipedia.org/wiki/Atlantic_Money
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as a payment institution under the Payment Services Regulations 2017 (Firm Reference Number 947491). It provides currency conversion and payment services under this licence.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 947491 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign money services business registration | M23613468 | In its own name | Status unconfirmed | news.atlantic.money ↗ |
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 receives customer funds into a designated customer safeguarding bank account and keeps them separate from its own funds under the Payment Services Regulations 2017.
- Payment schemes and card networks
- Faster Payments Access not stated atlantic.money ↗
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 converts and sends money to recipients' bank accounts in 10 currencies, including EUR, USD, CAD, AUD, INR, PLN and the Nordic currencies, for a fixed fee.
The firm serves customers in the United Kingdom under its FCA authorisation. A sister company, Deel Payments Europe NV, serves EEA customers under a Belgian licence.
- Sells to
- Consumers · Small businesses
- Serves customers in
- United Kingdom
- Total raised
- USD 7.5m · news.atlantic.money ↗
Leadership
Researched 29 Sep 2026 · Sources
- Founder
- Neeraj Baid Director and co-founder (described as CEO in November 2024)
- Executive
- Cathlene Bryony Belknap Director
- Executive
- Asif Malik Director
- Executive
- Yonatan Isaac Muyal Director
- Executive
- Anthony Verhelpen Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm changed its registered name from Atlantic Money Ltd to Deel Payments UK Ltd on 16 April 2026.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm appointed Anthony Verhelpen as a director on 9 October 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm appointed Cathlene Bryony Belknap as a director on 5 September 2025. Paul Record left the board on 12 September 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm appointed Asif Malik as a director in February 2025. Calum McWhir and Emily Rose Marshall left the board in February and March 2025.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
Deel, Inc. acquired Atlantic Money, Inc., the firm's US parent, for an undisclosed sum.
deel.com ↗ -
Leadership
Co-founder Patrick Grossmann-Kavanagh left the board on 3 January 2024. The firm said he had stepped down as CEO and that Neeraj Baid succeeded him.
news.atlantic.money ↗
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
- ATLOGB22XXX
- How the BIC breaks down
- ATLOBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 98450073H4667I485303
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 947491
- 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
- 2918613f61b4
- Companies House no.
- 13057810 ↗
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
- Licensed in
- United Kingdom
- Website (register)
- atlantic.money ↗
- 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
- Direct parent
- Atlantic Money, Inc. · United States984500D998A67A3E3E95 ↗
- Ultimate parent
- Deel, Inc. · United States549300IFGBDZQE2NZG16 ↗
The Deel, Inc. group has 4 institutions in the directory, in 4 countries: 3 hold a BIC and 1 does not.
Including Deel Payments Europe NV, Deel Inc..
See the Deel, Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Persons with significant control
Companies House · company 13057810 ↗ · as at 9 October 2026
The company states that no person or legal entity has significant control over it.
Companies report persons with significant control to Companies House. Elucidate has not verified them.
A person with significant control holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown.
Matched on the Companies House number that the FCA register gives for this firm.
See the register at Companies House ↗Addresses
- Registered address
- THE NEWS BUILDING 3 LONDON BRIDGE STREET LONDON SE1 9SG UNITED KINGDOM
- Operational address
- THE NEWS BUILDING 3 LONDON BRIDGE STREET LONDON LONDON SE1 9SG 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>ATLOGB22XXX</BICFI>
<LEI>98450073H4667I485303</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>ATLOGB22XXX</BICFI>
<LEI>98450073H4667I485303</LEI>
<Nm>DEEL PAYMENTS UK LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>THE NEWS BUILDING 3 LONDON BRIDGE STREET LONDON SE1 9SG</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 - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Persons with significant control—Companies House · source ↗ as at 9 October 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: atlantic.money (official website) · original.
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