United Kingdom · Payments & e-money
Finseta Payment Solutions Limited
Finseta Payment Solutions Limited is a Northern Ireland company managed from London. It is wholly owned by Finseta plc, whose shares trade on AIM. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, with firm reference number 941406. Under the Finseta brand it offers multi-currency accounts, international payments and spot and forward currency contracts to businesses and high-net-worth individuals.
Licences and registrations
Held by Finseta Payment Solutions Limited (LEI 254900EXFG23JQSL5W27). 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 to GLEIF on name, country and address. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 941406 | United Kingdom | Active | 2021-08-04 | — |
|
Search the register ↗ |
Trading names on the register: Finseta (FCA-EMI), Cornerstone FS (FCA-EMI), Cornerstone (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.
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
- FXPSGB22XXX 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 FXPSGB22 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
- 1 branch code
- BIC first registered
- 2021-08-07
- Last updated
- 2025-01-04
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Finseta PLC
Firm type
FX and business payments
Trades as Finseta
- Standing
- The firm took its current name on 24 April 2024. Before that it was Cornerstone Payment Solutions Ltd (March 2022 to April 2024), FXPress Payment Services Ltd (March 2017 to March 2022) and PlutusFX Ltd (2010 to 2017).
- Ownership
- Finseta plc, a company quoted on AIM (ticker FIN), owns 100% of the firm directly. The firm's 2025 accounts state that there is no ultimate controlling party.
- Direct parent
- Finseta PLC ↗, United Kingdom 100%
- Head office
- 14-18 Copthall Avenue, EC2R 7DJ London, United Kingdom (registered office: 1 Elmfield Avenue, Warrenpoint, Newry, County Down, Northern Ireland, BT34 3HQ)
- Company register
- Companies House NI602461
- Incorporated
- 12 Mar 2010
- Former names
- Cornerstone Payment Solutions Ltd · FXPress Payment Services Ltd · PlutusFX Ltd
Online
- Websites & references
- finseta.com ↗
investors.finseta.com ↗ investor hub of the parent, Finseta plc
customer.app.finseta.com ↗ client login portal
broker.app.fxpress-payments.com ↗ partner login portal (former FXPress domain) - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗
Sources · 13 pages consulted
- find-and-update.company-information.service.gov.uk/company/NI602461
- find-and-update.company-information.service.gov.uk/company/NI602461/officers
- find-and-update.company-information.service.gov.uk/company/NI602461/filing-history
- find-and-update.company-information.service.gov.uk/company/NI602461/filing-history/MzUzMDA5OTIwMmFkaXF6a2N4/document?format=pdf&download=0
- finseta.com/
- finseta.com/legal/terms-and-conditions/
- finseta.com/legal/how-is-your-money-protected/
- finseta.com/about-us/meet-the-team/
- finseta.com/about-us/our-story/
- investments.halifax.co.uk/research-centre/news-centre/article/?id=36212678&type=rns
- investegate.co.uk/announcement/rns/finseta-plc--fin/appointment-of-interim-cfo/9413626
- investegate.co.uk/announcement/rns/cornerstone-fs--csfs/agreement-with-mastercard-/8001006
- directorstalkinterviews.com/finseta-raises-0-9-million-as-retail-offer-closes/4121249192
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- PSI-Pay Ltd, United Kingdom issuer of the Finseta Corporate Card pursuant to a licence by Mastercard
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011. PSI-Pay Ltd issues the Finseta Corporate Card under a licence from Mastercard. The firm's terms describe its forward and spot FX contracts as unregulated.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 941406 | 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 accountsAccording to its 2025 accounts, the firm safeguards customer funds in segregated accounts with Banking Circle, as the Electronic Money Regulations 2011 require.
- Safeguarding bank · Settlement bank
- Banking Circle
- Card issuer
- PSI-Pay Ltd United Kingdom
- Sponsor bank
- Barclays United Kingdom
- Settlement bank
- Currency Cloud
- Settlement bank
- Velocity Trade International
- Payment schemes and card networks
- Faster Payments Through a partner find-and-update.company-information.service.gov.uk ↗
Mastercard Through a partner finseta.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
The firm works as a matched-principal FX broker, selling spot and forward currency contracts alongside e-money accounts and payments. Its 2025 accounts say it has been reviewing how to provide the Finseta Corporate Card since take-up of the card fell short of expectations.
The firm's 2025 accounts state that all of its activities took place in the United Kingdom. Sister companies in the group serve Canada and the Dubai International Financial Centre.
- Revenue
- GBP 13m
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
James Hickman
Chief Executive Officer
- Chief financial officer
-
Andrew Richards
Chief Financial Officer
- Compliance / MLRO
-
Nick Wilson
MLRO
- Executive
- Jordanna Curtis Chief Operating Officer and Company Secretary
- Executive
-
Rob O'Brien
Chief Commercial Officer
- Executive
- Declan Jones Chief Product Officer
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Finseta plc reported that one of the group's smaller banking partners withdrew a currency corridor after 30 June 2026.
investments.halifax.co.uk ↗ -
Leadership
Joshua Best resigned as a director of the firm on 21 May 2026.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The parent, Finseta plc, raised about GBP 0.9 million before expenses through a placing, subscription and retail offer at 8.5 pence per share.
directorstalkinterviews.com ↗ -
Leadership
Andrew Richards became chief financial officer and a director of the firm on 20 February 2026, succeeding Judy Happe.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm completed UK agency banking in the third quarter of 2025, giving it its own sort code and indirect Faster Payments access.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm launched the Finseta Corporate Card, which PSI-Pay Ltd issues under a Mastercard licence.
finseta.com ↗ -
Other
The firm changed its name from Cornerstone Payment Solutions Ltd to Finseta Payment Solutions Limited on 24 April 2024.
find-and-update.company-information.service.gov.uk ↗ -
Other
The parent, then Cornerstone FS plc, signed an agreement with Mastercard to launch a corporate card scheme.
investegate.co.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
- FXPSGB22XXX
- How the BIC breaks down
- FXPSBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900EXFG23JQSL5W27
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 941406
- 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, country and address.
- Register-entry ID
- 87503c3299ec
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
- Website (register)
- www.finseta.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
- Direct parent
- Finseta PLC · United Kingdom213800O4IL2RXZ2BZ956 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 1 ELMFIELD AVENUE WARRENPOINT NEWRY BT34 3HQ UNITED KINGDOM
- Operational address
- COPTHALL HOUSE FLOOR 4 14-18 COPTHALL AVENUE LONDON LONDON EC2R 7DJ 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>FXPSGB22XXX</BICFI>
<LEI>254900EXFG23JQSL5W27</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>FXPSGB22XXX</BICFI>
<LEI>254900EXFG23JQSL5W27</LEI>
<Nm>FINSETA PAYMENT SOLUTIONS LIMITED</Nm>
<PstlAdr>
<Ctry>GB</Ctry>
<AdrLine>1 ELMFIELD AVENUE WARRENPOINT NEWRY BT34 3HQ</AdrLine>
</PstlAdr>
</FinInstnId>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.
Network
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| FXPSGB22123 | FINSETA PAYMENT SOLUTIONS LTD - ANCILLARY SERVICES | London | COPTHALL HOUSE FLOOR 4 14-18 COPTHALL AVENUE LONDON LONDON EC2R 7DJ UNITED KINGDOM | — | 2025-03-01 |
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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
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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: finseta.com (official website) · original; James Hickman: finseta.com (official website) · original; Andrew Richards: finseta.com (official website) · original; Nick Wilson: finseta.com (official website) · original; Rob O'Brien: finseta.com (official website) · original.
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