United Kingdom · Payments & e-money
Hedgeflows LTD
HedgeFlows Ltd is a private limited company incorporated in England and Wales in June 2020 and based in Wimbledon, London. The FCA authorises it as an authorised payment institution under the Payment Services Regulations 2017, with Firm Reference Number 1008699. Its co-founders Neh Thaker and Alex Axentiev each hold more than 25% but not more than 50% of the shares. It provides multi-currency accounts, accounts-payable automation, international payments, FX risk management and treasury advisory to UK small and mid-sized businesses.
Licences and registrations
Held by Hedgeflows LTD (LEI 213800476OGH8UFXRK90). 2 entries 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 | 1008699 | United Kingdom | Active | 2024-12-17 | — |
|
Search the register ↗ |
| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Small Payment InstitutionPayment Institution | 935021 | United Kingdom | Cancelled - Small PI | — | Ended 2024-12-17 |
|
Search the register ↗ |
Trading names on the register: HedgeFlows (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.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- HEDEGB22XXX 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 HEDEGB22 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
- 2021-02-06
- Last updated
- 2021-03-18
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
Firm type
FX and business payments
Trades as HedgeFlows
- Standing
- The FCA authorised the firm as an Authorised Payment Institution on 17 December 2024. Its earlier Small Payment Institution registration (FRN 935021) was cancelled on the same date.
- Ownership
- Co-founders Neh Thaker and Alex Axentiev are each registered as persons with significant control, holding more than 25% but not more than 50% of the shares and voting rights.
- Major shareholders
- Neh Dilip Thaker
Alexandre Axentiev - Head office
- 104 Woodside, SW19 7BA London, United Kingdom (registered office: 4th Floor Tuition House, 27-37 St George's Road, Wimbledon, London, SW19 4EU, United Kingdom)
- Company register
- Companies House 12689184
- Incorporated
- 22 Jun 2020
- Founders
- Alex Axentiev · Neh Thaker
Online
- Websites & references
- hedgeflows.com ↗
app.hedgeflows.com ↗ client platform login - Official social accounts
- LinkedIn ↗ · YouTube ↗
Sources · 13 pages consulted
- find-and-update.company-information.service.gov.uk/company/12689184/officers
- find-and-update.company-information.service.gov.uk/company/12689184/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/12689184/filing-history
- find-and-update.company-information.service.gov.uk/company/12689184/filing-history/MzQ5OTcyNDczNGFkaXF6a2N4/document?format=pdf&download=0
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CXC7
- hedgeflows.com/
- hedgeflows.com/about/
- hedgeflows.com/legal/terms/
- hedgeflows.com/legal/terms-of-use
- hedgeflows.com/platform/connected-account
- hedgeflows.com/global-bulk-payments
- finextra.com/pressarticle/95821/sme-payments-startup-hedgeflows-launches-on-2-million-funding-round
- uktech.news/fintech/hedgeflows-launches-funding-20230221
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an authorised payment institution under the Payment Services Regulations 2017 (FRN 1008699). The firm states that the FCA also supervises it for anti-money laundering purposes under the Money Laundering Regulations 2017.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 1008699 | In its own name | Active | hedgeflows.com ↗ |
| Financial Conduct Authority United Kingdom | Small Payment Institution | 935021 | 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
- Safeguarding
- Segregated safeguarding accountsThe firm states that it keeps client funds separate from its operating accounts. It says funds held for more than one business day are safeguarded with authorised credit institutions, and its services are not covered by the Financial Services Compensation Scheme (FSCS).
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 connects to Xero, QuickBooks, NetSuite and Business Central to pay supplier invoices in bulk. The firm states it covers 35 currencies and 185 countries, and it also offers pre-booked FX rates and treasury advisory.
Its website is directed at UK residents, and it serves UK-based businesses paying and collecting in 35 currencies across 185 countries.
- Sells to
- Small businesses · Enterprises
- Serves customers in
- United Kingdom
- Latest funding round
- GBP 2m Feb 2023
Leadership
Researched 29 Sep 2026 · Sources
- Founder
-
Neh Thaker
Managing Director and co-founder; director
- Founder
- Alex Axentiev Managing Director and co-founder; director
- Executive
-
Arnar Jonsson
CTO
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
The FCA authorised the firm as an Authorised Payment Institution and cancelled its Small Payment Institution registration.
register.fca.org.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
- HEDEGB22XXX
- How the BIC breaks down
- HEDEBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800476OGH8UFXRK90
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 1008699
- Licence no. · FCA-PSD
- 935021
- 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
- a2431fd42f6a
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
- 2 entries on 1 register
- Activities
- Payment services
- Licensed in
- United Kingdom
- Website (register)
- www.hedgeflows.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
- TUITION HOUSE FLOOR 4 27-37 ST GEORGE'S ROAD LONDON SW19 4EU UNITED KINGDOM
- Operational address
- TUITION HOUSE FLOOR 4 27-37 ST GEORGE'S ROAD LONDON LONDON SW19 4EU 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>HEDEGB22XXX</BICFI>
<LEI>213800476OGH8UFXRK90</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>HEDEGB22XXX</BICFI>
<LEI>213800476OGH8UFXRK90</LEI>
<Nm>HEDGEFLOWS LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>TUITION HOUSE FLOOR 4 27-37 ST GEORGE'S ROAD LONDON SW19 4EU</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.
Claim this profile
Work at Hedgeflows LTD?
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.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
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
- 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: hedgeflows.com (official website) · original; Neh Thaker: hedgeflows.com (official website) · original; Arnar Jonsson: hedgeflows.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo