Portugal · Payments & e-money
Ifthenpay Lda
Legal name in the LEI recordIFTHENPAY, LDA
IFTHENPAY, LDA is a Portuguese private limited company based in Santa Maria da Feira. The Banco de Portugal authorises it as a payment institution under register number 8707, with activity since 1 April 2014. Payten Holding S.A., part of the Warsaw-listed Asseco South Eastern Europe group, acquired 80% of the firm on 13 October 2023. Under the ifthenpay brand, businesses use it to collect payments by Multibanco reference, MB WAY, Payshop, cards, Apple Pay, Google Pay, Pix and SEPA direct debit, online and at payment terminals.
Licences and registrations
Held by Ifthenpay, Lda (LEI 9845001E48WI813CF323). 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 RegisterBank of PortugalLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Payment institutionPayment Institution | 8707 | Portugal | Active | 2014-04-01 | — |
|
Search the register ↗ |
Trading names on the register: IFTHENPAY (EBA-PSD2)
- 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
- IFLDPTP2XXX 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 IFLDPTP2 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
- 2019-08-04
- Last updated
- 2021-03-18
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
80% Payten Holding S.A.
Firm type
Merchant acquiring and processing
Trades as ifthenpay
- Ownership
- Payten Holding S.A., a subsidiary of Asseco South Eastern Europe S.A., holds 80% of the firm, and according to press reports each of the two co-founders holds 10%.
- Direct parent
- Payten Holding S.A., Poland 80%
- Ultimate owner
- Asseco South Eastern Europe S.A., Poland
- Head office
- Rua do FeiraPark, n.º 50, Ala Esquerda do Rés-do-Chão, Edf. FeiraPark, São João de Ver, 4520-632 Santa Maria da Feira, Portugal (registered office: Rua S. José, N.º 771, 4535-404 Santa Maria de Lamas (Santa Maria da Feira), Portugal (address on the Banco de Portugal register and GLEIF record))
- Company register
- Portuguese NIPC (company number) 510450024
- Founders
- Filipe Moura · Nuno Breda
Online
- Websites & references
- ifthenpay.com ↗
helpdesk.ifthenpay.com ↗ help centre
ifthenpay.com/docs/en ↗ API documentation
backoffice.ifthenpay.com ↗ merchant back office
pinpay.pt ↗ Pinpay PIN-based payment service site - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · GitHub ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 10 pages consulted
- bportugal.pt/en/entidadeautorizada/ifthenpay-lda
- ifthenpay.com/?lang=pt
- ifthenpay.com/assets/files/CONTRATO-IFTHENPAY-PT.pdf
- ifthenpay.com/accounts-and-reports/?lang=pt
- see.asseco.com/about/group-structure/
- asee.io/wp-content/uploads/2025/12/Group-Asseco-SEE-Management-report-Consolidated-and-Standalone
- payten.com/en/news-events/news/payten-continues-expansion-its-e-commerce-payment-business-across-eur
- jornaleconomico.sapo.pt/noticias/ifthenpay-viu-ebitda-crescer-21-em-2025-e-em-2026-quer-aumentar-o-volume-de-nego
- executivedigest.sapo.pt/volume-de-negocios-da-ifthenpay-cresce-16-em-2026-para-813-me/
- helpdesk.ifthenpay.com/pt-PT/support/solutions/articles/79000080704-quem-%C3%A9-a-ifthenpay
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Banco de Portugal authorises and supervises the firm as a payment institution under register number 8707. The firm states that it is authorised to operate in European Economic Area countries, but does not say in how many host states it is passported.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Banco de Portugal Portugal | Payment institution (Instituição de Pagamento) | 8707 | In its own name | Active | bportugal.pt ↗ |
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 merchants' funds pass through a bank account in its name, used solely for this service and opened expressly on behalf of the users of the payment service.
- Payment schemes and card networks
- Multibanco (payment references) Access not stated ifthenpay.com ↗
MB WAY Access not stated ifthenpay.com ↗
Payshop Access not stated ifthenpay.com ↗
SEPA Core Direct Debit Access not stated ifthenpay.com ↗
Visa Access not stated ifthenpay.com ↗
Mastercard Access not stated ifthenpay.com ↗
Pix Access not stated ifthenpay.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 lets merchants collect payments through Portuguese methods such as Multibanco references, MB WAY and Payshop, alongside cards, wallets, Pix and SEPA Core direct debits, with daily settlement to the merchant's SEPA bank account.
The firm states that it may operate across the European Economic Area under its Portuguese authorisation. Its co-founders said in February 2026 that it was growing in Spain and had started operating in Croatia.
- Revenue
- EUR 8.13m
- Payment volume
- EUR 1.8bntotal payments processed (approximate)
- Sells to
- Small businesses · Enterprises · Public sector · Other
- Serves customers in 2 countries
- Portugal · Spain
Leadership
Researched 29 Sep 2026 · Sources
- Founder
- Carlos Filipe Quintas Moura (Filipe Moura) Manager (gerente) and co-founder
- Founder
- Nuno André Coutinho Freitas Breda (Nuno Breda) Manager (gerente) and co-founder
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Payten Holding S.A., part of the Asseco South Eastern Europe group, acquired 80% of the firm's shares on 13 October 2023.
asee.io ↗
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
- IFLDPTP2XXX
- How the BIC breaks down
- IFLDBank
- PTCountry · Portugal
- P2Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 9845001E48WI813CF323
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 8707
- 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
- 9e0f12f562a2
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
- Money remittance
- Payment services
- Licensed in
- Portugal
- Country · region
- Portugal · 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
- IFTHENPAY RUA S. JOSE 771 SANTA MARIA DA FEIRA 4535-404 PORTUGAL
- Operational address
- IFTHENPAY RUA S. JOSE 771 SANTA MARIA DA FEIRA 4535-404 SANTA MARIA DA FEIRA PORTUGAL
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>IFLDPTP2XXX</BICFI>
<LEI>9845001E48WI813CF323</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>IFLDPTP2XXX</BICFI>
<LEI>9845001E48WI813CF323</LEI>
<Nm>IFTHENPAY LDA</Nm>
<PstlAdr>
<TwnNm>SANTA MARIA DA FEIRA</TwnNm>
<Ctry>PT</Ctry>
<AdrLine>IFTHENPAY RUA S. JOSE 771 SANTA MARIA DA FEIRA 4535-404</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
- 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: ifthenpay.com (official website) · original.
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