United Kingdom · Payments & e-money
Lightway Finance Limited
Lightway Finance Limited is a private limited company registered in England and Wales, with its office at Aldgate Tower, London. The FCA authorises it as an Authorised Payment Institution under reference 574679. It states that HMRC supervises it as a registered money service business. Its director Olufemi Agbesanwa holds 75% or more of its shares. Under the Lightway Finance brand it offers online international money transfers, including to Nigeria. It traded as Sterling Currency Exchange Limited until April 2024.
Licences and registrations
Held by Lightway Finance Limited (LEI 254900VFWACTGPC2TN40). 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 - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 574679 | United Kingdom | Active | 2018-06-05 | — |
|
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.
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
- LFICGB22XXX 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 LFICGB22 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
- 2025-07-05
- Last updated
- 2026-01-13
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
Firm type
Money remittance
Trades as Lightway Finance
- Standing
- The firm was renamed from Sterling Currency Exchange Limited to Lightway Finance Limited on 25 April 2024. Companies House published a first notice for compulsory strike-off on 2 April 2024 and discontinued the action on 3 April 2024.
- Ownership
- Olufemi Agbesanwa, a director, is registered at Companies House as the person with significant control, holding 75% or more of the shares since 13 December 2021.
- Major shareholder
- Olufemi Agbesanwa 75% · 13 Dec 2021
- Head office
- Aldgate Tower, 4th Floor, 2 Leman Street, E1 8FA London, United Kingdom
- Company register
- Companies House 05621986
- Incorporated
- 14 Nov 2005
- Former names
- STERLING CURRENCY EXCHANGE LIMITED · STERLING EXCHANGE (UK) LIMITED
Online
- Websites & references
- lightwayfinance.com ↗
- Official social accounts
- None found
Sources · 9 pages consulted
- find-and-update.company-information.service.gov.uk/company/05621986
- find-and-update.company-information.service.gov.uk/company/05621986/officers
- find-and-update.company-information.service.gov.uk/company/05621986/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/05621986/filing-history
- find-and-update.company-information.service.gov.uk/company/05621986/filing-history/MzQ5MzQyNzg2MmFkaXF6a2N4/document?format=pdf&download=0
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CXC7
- lightwayfinance.com/company/resource
- lightwayfinance.com/support/faq
- pcxpay.com/company/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an Authorised Payment Institution (reference 574679) for payment services. The firm states that HMRC supervises it as a money service business under the Money Laundering Regulations. PCX PAY Limited says it is an agent of the firm.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 574679 | In its own name | Active | lightwayfinance.com ↗ |
| HM Revenue & Customs United Kingdom | Money Service Business registration (Money Laundering Regulations) | — | In its own name | Active | lightwayfinance.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.
Products and markets
Researched 29 Sep 2026 · Sources
It offers online and app-based international money transfers, and its FAQ names Nigeria as a destination, including transfers to MoMo PSB wallets.
The firm is authorised in the UK and says it started operations in the UK, Nigeria and Canada.
- Sells to
- Consumers · Small businesses
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Olufemi Agbesanwa Director
- Executive
- Oluwabunmi Ayodele Odusanya Director and Company Secretary
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm changed its name from Sterling Currency Exchange Limited to Lightway Finance Limited on 25 April 2024.
find-and-update.company-information.service.gov.uk ↗ -
Other
Companies House published a first notice for compulsory strike-off on 2 April 2024 and discontinued the action on 3 April 2024.
find-and-update.company-information.service.gov.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
- LFICGB22XXX
- How the BIC breaks down
- LFICBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900VFWACTGPC2TN40
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 574679
- 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 on the UK company number the register gives.
- Register-entry ID
- ddb8e5cc66e2
- Companies House no.
- 05621986 ↗
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
- Licensed in
- United Kingdom
- Website (register)
- www.lightwayfinance.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.
Persons with significant control
Companies House · company 05621986 ↗ · as at 9 October 2026
Companies House lists 1 person with significant control for Lightway Finance Limited: 1 individual.
| Name | Type | Nature of control | Notified |
|---|---|---|---|
| Olufemi Agbesanwa | Individual | 75–100% of shares | 13 December 2021 |
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 ↗Addresses
- Registered address
- ALDGATE TOWER FLOOR 4TH FLOOR 2 LEMAN STREET LONDON E1 8FA UNITED KINGDOM
- Operational address
- ALDGATE TOWER 4TH FLOOR 2 LEMAN STREET LONDON LONDON E1 8FA 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>LFICGB22XXX</BICFI>
<LEI>254900VFWACTGPC2TN40</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>LFICGB22XXX</BICFI>
<LEI>254900VFWACTGPC2TN40</LEI>
<Nm>LIGHTWAY FINANCE LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>ALDGATE TOWER FLOOR 4TH FLOOR 2 LEMAN STREET LONDON E1 8FA</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
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Persons with significant control—Companies House · source ↗ 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.
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