Belgium · Payments & e-money
Equals Money Europe S.A.
Legal name in the LEI recordEquals Money Europe
Equals Money Europe SA, formerly Oonex SA, is a Belgian public limited company based in Brussels. The National Bank of Belgium authorises it as a payment institution under the Law of 11 March 2018. Equals Group plc acquired the firm in July 2023, and a consortium of TowerBrook, J.C. Flowers and Railsr shareholders took the Equals group private in April 2025. Under the Equals brand it provides payment accounts, international payments and FX services to EEA businesses. Its card terms say that Equals Money International Limited, a UK group company, issues the cards.
Licences and registrations
Held by Equals Money Europe (LEI 875500929ML5DLN6AG72). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterNational Bank of BelgiumLinked by LEI. Matched by Elucidate to GLEIF on name and country only. | Payment institutionPayment Institution | 0849185510 | Belgium | Active | 2016-08-23 | — |
|
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
- OONXBEBBXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under OONXBEBB directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · VOP · TIPS
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- EMEULULL
- BIC first registered
- 2017-06-17
- Last updated
- 2025-12-27
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
100% Equals Group Limited (formerly Equals Group plc)
Firm type
FX and business payments
Trades as Equals Money
- Standing
- The firm traded as Oonex SA until Equals Group plc acquired it on 4 July 2023. It now operates as Equals Money Europe SA.
- Ownership
- Equals Group plc acquired 100% of the firm in July 2023. Alakazam Holdings BidCo Limited acquired Equals Group in April 2025. Funds of TowerBrook and J.C. Flowers and the Railsr shareholders own BidCo indirectly.
- Direct parent
- Equals Group Limited (formerly Equals Group plc), United Kingdom 100%
- Head office
- Avenue Louise 231, 1050 Brussels, Belgium
- Company register
- Crossroads Bank for Enterprises (KBO/BCE) 0849.185.510
- Incorporated
- 2012
- Founder
- Fabien Boursin
- Former name
- Oonex SA/NV
Online
- Websites & references
- equalsmoney.com ↗
docs.equalsmoney.com ↗ developer and API documentation (group)
status.equalsmoney.com ↗ service status page (group) - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 14 pages consulted
- equalsmoney.com/en-be
- equalsmoney.com/nl-nl
- equalsmoney.com/en-be/terms-and-conditions
- equalsmoney.com/documents/Equals_Money_Website_Terms_and_Conditions_-_EEA_Corporate_-_v0.1.pdf
- equalsmoney.com/documents/Equals_Money_Website_Card_Service_Terms_EEA_-_v0.1.pdf
- equalsmoney.com/en-be/how-we-safeguard-your-money
- equalsmoney.com/faqs/how-we-safeguard-your-money
- cdn.prod.website-files.com/5f5f51a18621aab5358e77de/6617dd0e303b97f7f9f670cd_Equals%20Money%20Europe%20Terms%20and%2
- equalsmoney.com/en-be/international-payments
- equalsplc.com/content/news/archive/2023/270323a
- fxnewsgroup.com/forex-news/payments/equals-completes-acquisition-of-oonex/
- equalsplc.com/content/news/archive/2025/140425.asp
- towerbrook.com/railsr-and-equals-combine-to-create-one-of-europes-largest-embedded-finance-providers/
- equalsmoney.com/blog/equals-money-railsr-expands-senior-leadership-with-four-new-appointments
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- Equals Money International Limited, United Kingdom Issuer of the cards and provider of the card service under the EEA Card Service Terms. It also issues e-money for card transactions.
The National Bank of Belgium authorises the firm as a payment institution under the Law of 11 March 2018. Its EEA card terms name Equals Money International Limited, a UK electronic money institution in the same group, as the card issuer.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| National Bank of Belgium Belgium | Payment institution (payment services and card acquiring, per the EBA PSD2 register) | 0849185510 | In its own name | Active | equalsmoney.com ↗ |
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 says it holds customer funds in a designated safeguarded account with a licensed credit institution, separate from its operating accounts, as the Law of 11 March 2018 requires. It does not name the bank.
- Card issuer
- Equals Money International Limited United Kingdom
- Payment schemes and card networks
- Swift Direct equalsmoney.com ↗
SEPA Credit Transfer Access not stated equalsmoney.com ↗
Mastercard Through a partner equalsmoney.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 provides EEA businesses with payment accounts, international payments, spot and forward FX and embedded payment services under the Equals brand. It uses Swift and SEPA connections and pays in 23 currencies, according to its website.
Its corporate terms limit the services to customers based in the European Economic Area. The firm serves them from Belgium under its NBB payment institution licence.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces · Financial institutions
- Serves customers in
- Belgium
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Ian Strafford-Taylor
Chief Executive Officer, Equals Money (group level; role at this entity not confirmed)
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The Equals Money and Railsr group appointed a Chief Revenue Officer, a Head of Digital Assets and two other senior executives in London.
equalsmoney.com ↗ -
Merger / acquisition
The consortium completed its acquisition of Railsr, combining Railsr with the Equals group under co-CEOs.
towerbrook.com ↗ -
Merger / acquisition
Alakazam Holdings BidCo Limited completed its GBP 283 million acquisition of Equals Group plc, and the parent's shares left AIM.
equalsplc.com ↗
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
- OONXBEBBXXX
- How the BIC breaks down
- OONXBank
- BECountry · Belgium
- BBLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 875500929ML5DLN6AG72
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 0849185510
- 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 to GLEIF on name and country only.
- Register-entry ID
- 17457a0b71ea
- National bank code
- Bank identification code 915
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
- Card acquiring
- Licensed in
- Belgium
- Country · region
- Belgium · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- 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
- 231, AVENUE LOUISE BRUSSELS 1050 BELGIUM
- Operational address
- AVENUE LOUISE 231 BRUSSELS 1050 BRUSSELS BELGIUM
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>OONXBEBBXXX</BICFI>
<LEI>875500929ML5DLN6AG72</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>OONXBEBBXXX</BICFI>
<LEI>875500929ML5DLN6AG72</LEI>
<Nm>EQUALS MONEY EUROPE S.A.</Nm>
<PstlAdr>
<TwnNm>BRUSSELS</TwnNm>
<Ctry>BE</Ctry>
<AdrLine>231, AVENUE LOUISE BRUSSELS 1050</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.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2017-03-07 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2024-09-02 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2017-03-07 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2017-03-07 | Head office | — |
| Verification of Payee | 2025-10-06 | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Bank identification code · Belgium
1 code file of 2026-09-01
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 915 | OONXBEBB | Equals Money Europe SA |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
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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
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
- National bank codes—Belgium (Source: National Bank of Belgium).
- EBA PSD2 Register—European Banking Authority (EBA) · 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: equalsmoney.com (official website) · original; Ian Strafford-Taylor: equalsmoney.com (official website) · original.
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