--- title: "Forisgfs UK Limited · Authorised E-Money Institution (FCA) · United Kingdom | Elucidate" description: "Forisgfs UK Limited is authorised by FCA as an authorised e-money institution in the United Kingdom. Licence 988571. Register status, licences, activities and ownership." url: https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca --- 1. [Directory](https://elucidate.co/directory) 2. [United Kingdom](https://elucidate.co/directory/country/gb) 3. Forisgfs UK Limited United Kingdom · Payments & e-money # Forisgfs UK Limited Trading as Crypto.com ForisGFS UK Limited is a private limited company incorporated in England and Wales in May 2020, with its registered office in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011 (Firm Reference Number 988571). It is a wholly owned subsidiary of Foris Holdings HK Limited, and its ultimate parent is Foris Holdings KY Limited of the Cayman Islands. It provides the Crypto.com prepaid Visa card and GBP fiat wallets to UK users of the Crypto.com App, while its sister company Foris DAX UK Limited provides UK cryptoasset services. Register status Licensed in the United Kingdom Authorised E-Money Institution · FCA Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#licences) BIC **No BIC** LEI **No LEI mapped** [Licence no. **988571**](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#licences) ## Licences and registrations Held by Forisgfs UK Limited. 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 Institutions](https://elucidate.co/directory/register/fca-emi) FCA | Authorised E-Money InstitutionE-Money / Stored Value Institution | 988571 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2023-12-01 | — | - Payment services - E-money / stored value | [Search the register ↗](https://register.fca.org.uk/s/) | Trading names on the register: Crypto.com (FCA-EMI) - 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. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#overview-sources) Customers Not published Employees 109 headcount · This entity · 31 Dec 2024 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history/MzQ4MzU4Nzg5NWFkaXF6a2N4/document?format=pdf&download=0) Ownership Group subsidiary 100% Foris Holdings HK Limited Firm type E-money and accounts Trades as Crypto.com - **Standing:** The firm's UK card programme moved to Foris MT Limited, a group company licensed in Malta, on 22 December 2022. Customers moved back to the firm on 17 June 2024. From that date it has issued prepaid cards and provided fiat wallets under its own FCA authorisation. - **Ownership:** Foris Holdings HK Limited owns 100% of the firm, and its 2024 accounts name Foris Holdings KY Limited as ultimate parent and R De Marco E Melo as ultimate controlling party. - **Direct parent:** Foris Holdings HK Limited, Hong Kong SAR China 100% - **Ultimate owner:** Foris Holdings KY Limited, Cayman Islands - **Major shareholder:** Rafael De Marco E Melo (person with significant control, 75% or more of shares and voting rights) - **Head office:** Suite 5, 7th Floor, 50 Broadway, SW1H 0DB London, United Kingdom - **Company register:** Companies House 12586871 - **Incorporated:** 5 May 2020 ### Online - **Websites & references:** [crypto.com ↗](https://crypto.com/uk) [crypto.com ↗](https://crypto.com/) Crypto.com group website - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/cryptocom) · [X ↗](https://x.com/cryptocom_gb) · [Facebook ↗](https://www.facebook.com/CryptoComOfficial) · [Instagram ↗](https://www.instagram.com/cryptocomofficial/) · [Reddit ↗](https://www.reddit.com/r/Crypto_com/) · [Discord ↗](https://discord.gg/cryptocom) - **Apps:** [App Store ↗](https://apps.apple.com/us/app/crypto-com-trade-every-market/id1262148500) · [Google Play ↗](https://play.google.com/store/apps/details?id=co.mona.android) Sources · 11 pages consulted 1. [find-and-update.company-information.service.gov.uk/company/12586871](https://find-and-update.company-information.service.gov.uk/company/12586871) 2. [find-and-update.company-information.service.gov.uk/company/12586871/officers](https://find-and-update.company-information.service.gov.uk/company/12586871/officers) 3. [find-and-update.company-information.service.gov.uk/company/12586871/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/12586871/persons-with-significant-control) 4. [find-and-update.company-information.service.gov.uk/company/12586871/filing-history](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history) 5. [find-and-update.company-information.service.gov.uk/company/12586871/filing-history/MzQ4MzU4Nzg5NWFkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history/MzQ4MzU4Nzg5NWFkaXF6a2N4/document?format=pdf&download=0) 6. [crypto.com/uk/cards](https://crypto.com/uk/cards) 7. [crypto.com/uk](https://crypto.com/uk) 8. [crypto.com/en/company-news/crypto-com-receives-authorisation-as-an-electronic-money-institution-from](https://crypto.com/en/company-news/crypto-com-receives-authorisation-as-an-electronic-money-institution-from-the-united-kingdoms-financial-conduct-authority) 9. [crypto.com/us/licenses](https://crypto.com/us/licenses) 10. [crypto.com/](https://crypto.com/) 11. [asa.org.uk/rulings/forisgfs-uk-ltd-a21-1122926-forisgfs-uk-ltd.html](https://www.asa.org.uk/rulings/forisgfs-uk-ltd-a21-1122926-forisgfs-uk-ltd.html) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#overview-sources) - **Operates under:** Its own licences The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011, Firm Reference Number 988571, with effect from 1 December 2023. Its sister company Foris DAX UK Limited, not the firm, holds the FCA cryptoasset registration under the Money Laundering Regulations. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 988571 | In its own name | Active | [crypto.com ↗](https://crypto.com/uk/cards) | 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/forisgfs-uk-limited-b12eef6640ca#overview-sources) - **Safeguarding:** Segregated safeguarding accountsThe firm states that funds received for the card are held in a segregated account, protected from creditors' claims if it becomes insolvent. Its 2024 accounts state that card and fiat wallet balances are safeguarded in separately identifiable accounts with credit institutions. [crypto.com ↗](https://crypto.com/uk/cards) - **Payment schemes and card networks:** Visa Access not stated [crypto.com ↗](https://crypto.com/uk/cards) Faster Payments Access not stated [crypto.com ↗](https://crypto.com/uk) 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/forisgfs-uk-limited-b12eef6640ca#overview-sources) - Prepaid cards - E-money wallet It issues the Crypto.com prepaid Visa card in GBP and provides GBP fiat wallets to UK users of the Crypto.com App. Group companies provide the crypto services in the app. It serves customers in the United Kingdom, and its 2024 accounts state that all its revenue arose from services performed there. - **Revenue:** GBP 18.6mThis entity · 31 Dec 2024 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history/MzQ4MzU4Nzg5NWFkaXF6a2N4/document?format=pdf&download=0) - **Sells to:** Consumers - **Serves customers in:** United Kingdom ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#overview-sources) - **Executive:** Rafael De Marco E Melo Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/officers) - **Executive:** George Fraser Tucker Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/officers) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/forisgfs-uk-limited-b12eef6640ca#overview-sources) 1. Aug 2026 Leadership Antonio Alvarez Lorenzo resigned as a director of the firm on 14 August 2026. [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history) 2. Jun 2024 Other Customers moved back to the firm from Foris MT Limited on 17 June 2024, and it began issuing prepaid cards and fiat wallets. [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history/MzQ4MzU4Nzg5NWFkaXF6a2N4/document?format=pdf&download=0) 3. Jan 2024 Leadership The firm appointed George Fraser Tucker as a director on 16 January 2024, and Matthew Ward resigned on the same date. [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/filing-history) 4. Dec 2023 Licence The FCA authorised the firm as an electronic money institution on 1 December 2023. [crypto.com ↗](https://crypto.com/en/company-news/crypto-com-receives-authorisation-as-an-electronic-money-institution-from-the-united-kingdoms-financial-conduct-authority) 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 - **Licence no. · FCA-EMI:** 988571 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** No LEI mapped - **Companies House no.:** [12586871 ↗](https://find-and-update.company-information.service.gov.uk/company/12586871) - **Elucidate firm ID:** b12eef6640ca ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** E-Money / Stored Value Institution - **Activities:** - Payment services - E-money / stored value - **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb) · Europe & Central Asia - **First registered:** 2023-12-01 - **Website:** [www.crypto.com ↗](http://www.crypto.com/) 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 No LEI is matched to this entry, so GLEIF relationship records cannot be linked. ## Persons with significant control Companies House · company [12586871 ↗](https://find-and-update.company-information.service.gov.uk/company/12586871) · as at 9 October 2026 Companies House lists 1 person with significant control for Forisgfs UK Limited: 1 individual. | Name | Type | Nature of control | Notified | | --- | --- | --- | --- | | Rafael De Marco E Melo | Individual | 75–100% of shares · 75–100% of votes · Can appoint or remove directors | 5 May 2020 | 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 ↗](https://find-and-update.company-information.service.gov.uk/company/12586871/persons-with-significant-control) ## Addresses - **Address on the register:** Tricor Suite 4th Floor, 50 Mark Lane, London, EC3R 7QR - **Country:** United Kingdom ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address. No LEI or clearing code is mapped in the directory - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in two address lines ```xml FORISGFS UK LIMITED EC3R 7QR London GB Tricor Suite 4th Floor 50 Mark Lane ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. 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) [Other entries on FCA-EMI →](https://elucidate.co/directory/register/fca-emi) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. 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) Register for this page - **FCA Financial Services Register - E-Money Institutions**—Financial Conduct Authority (FCA) · [source ↗](https://register.fca.org.uk/s/) as at 25 September 2026 - **Persons with significant control**—Companies House · [source ↗](https://download.companieshouse.gov.uk/en_pscdata.html) 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. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; 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 and payment institutions. [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.