United Kingdom · Payments & e-money
Pay Perform Limited
Pay Perform Limited is a private limited company based in London. The Financial Conduct Authority (FCA) has authorised it as an authorised payment institution since January 2020, under firm reference number 843960. Pay Perform Management Limited owns all of its shares, and Pay Perform Holdings Limited is the ultimate holding company. The firm is the UK payment services provider of the Orbital group, which serves corporate clients only. Orbital offers client-named virtual IBANs, pay-ins, payouts and currency exchange. Other group companies in Estonia and Gibraltar provide Orbital's crypto-asset services.
Licences and registrations
Held by Pay Perform Limited (LEI 984500035E9D505B4040). 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 | 843960 | United Kingdom | Active | 2020-01-17 | — |
|
Search the register ↗ |
Trading names on the register: Orbital (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
- PAEFGB22XXX 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 PAEFGB22 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
- 2020-10-31
- Last updated
- 2026-08-22
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Pay Perform Management Limited
Firm type
FX and business payments
Trades as Orbital
- Ownership
- Pay Perform Management Limited owns 100% of the firm, and Pay Perform Holdings Limited is the ultimate holding company through its majority shareholding in Pay Perform Management Limited.
- Direct parent
- Pay Perform Management Limited, United Kingdom 100%
- Ultimate owner
- Pay Perform Holdings Limited, United Kingdom
- Head office
- 2nd Floor, 37 Lombard St, EC3V 9BQ London, United Kingdom
- Company register
- Companies House 10789721
- Incorporated
- 25 May 2017
- Founders
- Chris Mason · Luke Wingfield Digby · Paulius Grigaitis
Online
- Websites & references
- getorbital.com ↗
docs.getorbital.com ↗ developer and API documentation
careers.getorbital.com ↗ careers site - Official social accounts
- LinkedIn ↗
Sources · 13 pages consulted
- register.fca.org.uk/s/firm?id=0010X00004UwxKDQAZ
- find-and-update.company-information.service.gov.uk/company/10789721
- find-and-update.company-information.service.gov.uk/company/10789721/officers
- find-and-update.company-information.service.gov.uk/company/10789721/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/10789721/filing-history
- find-and-update.company-information.service.gov.uk/company/10789721/filing-history/MzU0MTczNDM4OGFkaXF6a2N4/document?format=xhtml&download=1
- getorbital.com/
- getorbital.com/legal-disclosures
- getorbital.com/legal-compliance
- getorbital.com/terms-of-use
- getorbital.com/pressroom/orbital-unveils-plans-for-us-expansion-as-demand-grows-for-stablecoin-and-cross
- bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibiliti
- prnewswire.com/news-releases/orbital-raises-5m-to-help-enterprises-realise-the-potential-of-blockchain-p
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, reference 843960. The Orbital group states that its crypto-asset services come from other group entities, which the FCA has not registered, and that these services are not available in the UK.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 843960 | 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 a May 2026 announcement, Banking Circle S.A. safeguards client funds for the Orbital group as required under its e-money and payment institution licences.
- Safeguarding bank · Settlement bank
- Banking Circle S.A. Luxembourg
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
Under the Orbital brand, the group says it lets corporate clients receive, exchange and pay out traditional currencies, stablecoins and over 80 exotic currencies through a web platform, an API or an OTC desk.
The firm holds a UK payment institution authorisation, and the Orbital group states that it serves corporate clients internationally through entities in the UK, Gibraltar, Estonia and Switzerland.
- Payment volume
- USD 12bnvalue processed, annualised run rate (Orbital brand)
- Sells to
- Enterprises · Platforms and marketplaces
- Serves customers in
- United Kingdom
- Latest funding round
- growth round · GBP 5m Aug 2023Led by Golden Record Ventures
- Total raised
- GBP 5m to Aug 2023 · prnewswire.com ↗
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Christopher Stanley Mason Director; CEO, Orbital
- Founder
- Paulius Grigaitis Director; co-founder
- Founder
- Luke Kenelm Wingfield Digby Director; co-founder
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Orbital group announced plans to set up a US presence based in Miami and to seek US money transmission licences.
getorbital.com ↗ -
Other
Orbital selected Banking Circle S.A. for safeguarding, client-named virtual IBANs and settlement in additional currencies.
bankingcircle.com ↗ -
Leadership
The firm reappointed co-founder Luke Wingfield Digby as a director on 8 January 2026.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Director Richard Jonathan Lindsay resigned from the board on 17 November 2025.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The parent company subscribed for 500,000 new GBP 1 shares, raising issued share capital to GBP 600,000.
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
- PAEFGB22XXX
- How the BIC breaks down
- PAEFBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500035E9D505B4040
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 843960
- 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
- ec201c7845de
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.getorbital.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
- 152-160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
- Operational address
- 152-160 CITY ROAD LONDON LONDON EC1V 2NX 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>PAEFGB22XXX</BICFI>
<LEI>984500035E9D505B4040</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>PAEFGB22XXX</BICFI>
<LEI>984500035E9D505B4040</LEI>
<Nm>PAY PERFORM LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>152-160 CITY ROAD LONDON EC1V 2NX</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 Pay Perform Limited?
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: getorbital.com (official website).
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