---
title: "Pay Perform Limited SWIFT/BIC code PAEFGB22XXX · United Kingdom | Elucidate"
description: "Licensed in the United Kingdom: Authorised Payment Institution (FCA). SWIFT/BIC code PAEFGB22XXX for Pay Perform Limited, United Kingdom. Head-office BIC."
url: https://elucidate.co/directory/pay-perform-limited-paefgb22
---
1. [Directory](https://elucidate.co/directory)
2. [United Kingdom](https://elucidate.co/directory/country/gb)
3. Pay Perform Limited
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.
Register status
Licensed in the United Kingdom
Authorised Payment Institution · FCA
Prudential licence
[1 licence or registration ↓](https://elucidate.co/directory/pay-perform-limited-paefgb22#licences)
BIC **PAEFGB22XXX** LEI **[984500035E9D505B4040](https://search.gleif.org/#/record/984500035E9D505B4040)** [Licence no. **843960**](https://elucidate.co/directory/pay-perform-limited-paefgb22#licences) Reverse billing Head-office BIC only [Claim this profile](https://elucidate.co/directory/pay-perform-limited-paefgb22#claim)
## 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 & RAISPs](https://elucidate.co/directory/register/fca-psd) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 843960 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2020-01-17 | — | - Payment services | [Search the register ↗](https://register.fca.org.uk/s/) |
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 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](https://elucidate.co/directory/pay-perform-limited-paefgb22#overview-sources)
Customers
Not published
Employees
43
headcount · This entity · 30 Nov 2025 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/filing-history/MzU0MTczNDM4OGFkaXF6a2N4/document?format=xhtml&download=1)
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 ↗](https://www.getorbital.com/) [docs.getorbital.com ↗](https://docs.getorbital.com/) developer and API documentation [careers.getorbital.com ↗](https://careers.getorbital.com/) careers site
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/orbital-finance/)
Sources · 13 pages consulted
1. [register.fca.org.uk/s/firm?id=0010X00004UwxKDQAZ](https://register.fca.org.uk/s/firm?id=0010X00004UwxKDQAZ)
2. [find-and-update.company-information.service.gov.uk/company/10789721](https://find-and-update.company-information.service.gov.uk/company/10789721)
3. [find-and-update.company-information.service.gov.uk/company/10789721/officers](https://find-and-update.company-information.service.gov.uk/company/10789721/officers)
4. [find-and-update.company-information.service.gov.uk/company/10789721/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/10789721/persons-with-significant-control)
5. [find-and-update.company-information.service.gov.uk/company/10789721/filing-history](https://find-and-update.company-information.service.gov.uk/company/10789721/filing-history)
6. [find-and-update.company-information.service.gov.uk/company/10789721/filing-history/MzU0MTczNDM4OGFkaXF6a2N4/document?format=xhtml&download=1](https://find-and-update.company-information.service.gov.uk/company/10789721/filing-history/MzU0MTczNDM4OGFkaXF6a2N4/document?format=xhtml&download=1)
7. [getorbital.com/](https://www.getorbital.com/)
8. [getorbital.com/legal-disclosures](https://www.getorbital.com/legal-disclosures)
9. [getorbital.com/legal-compliance](https://www.getorbital.com/legal-compliance)
10. [getorbital.com/terms-of-use](https://www.getorbital.com/terms-of-use)
11. [getorbital.com/pressroom/orbital-unveils-plans-for-us-expansion-as-demand-grows-for-stablecoin-and-cross](https://www.getorbital.com/pressroom/orbital-unveils-plans-for-us-expansion-as-demand-grows-for-stablecoin-and-cross-border-payment-infrastructure)
12. [bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibiliti](https://www.bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibilities/)
13. [prnewswire.com/news-releases/orbital-raises-5m-to-help-enterprises-realise-the-potential-of-blockchain-p](https://www.prnewswire.com/news-releases/orbital-raises-5m-to-help-enterprises-realise-the-potential-of-blockchain-payments-301892109.html)
## Authorisation
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/pay-perform-limited-paefgb22#overview-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 ↗](https://register.fca.org.uk/s/firm?id=0010X00004UwxKDQAZ) |
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/pay-perform-limited-paefgb22#overview-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. [bankingcircle.com ↗](https://www.bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibilities/)
- **Safeguarding bank · Settlement bank:** Banking Circle S.A. Luxembourg [bankingcircle.com ↗](https://www.bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibilities/)
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/pay-perform-limited-paefgb22#overview-sources)
- International money transfer
- Multi currency accounts
- Payouts and mass payments
- FX conversion
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) Group · 29 Sep 2026 · [company statement ↗](https://www.getorbital.com/)
- **Sells to:** Enterprises · Platforms and marketplaces
- **Serves customers in:** United Kingdom
- **Latest funding round:** growth round · GBP 5m Aug 2023 Led by Golden Record Ventures [prnewswire.com ↗](https://www.prnewswire.com/news-releases/orbital-raises-5m-to-help-enterprises-realise-the-potential-of-blockchain-payments-301892109.html)
- **Total raised:** GBP 5m to Aug 2023 · [prnewswire.com ↗](https://www.prnewswire.com/news-releases/orbital-raises-5m-to-help-enterprises-realise-the-potential-of-blockchain-payments-301892109.html)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/pay-perform-limited-paefgb22#overview-sources)
- **Chief executive:** Christopher Stanley Mason Director; CEO, Orbital Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/officers)
- **Founder:** Paulius Grigaitis Director; co-founder Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/officers)
- **Founder:** Luke Kenelm Wingfield Digby Director; co-founder Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/officers)
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/pay-perform-limited-paefgb22#overview-sources)
1. Jun 2026
Other
The Orbital group announced plans to set up a US presence based in Miami and to seek US money transmission licences.
[getorbital.com ↗](https://www.getorbital.com/pressroom/orbital-unveils-plans-for-us-expansion-as-demand-grows-for-stablecoin-and-cross-border-payment-infrastructure)
2. May 2026
Other
Orbital selected Banking Circle S.A. for safeguarding, client-named virtual IBANs and settlement in additional currencies.
[bankingcircle.com ↗](https://www.bankingcircle.com/orbital-selects-banking-circle-to-expand-stablecoin-and-multi-currency-payment-capibilities/)
3. Jan 2026
Leadership
The firm reappointed co-founder Luke Wingfield Digby as a director on 8 January 2026.
[find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/filing-history)
4. Nov 2025
Leadership
Director Richard Jonathan Lindsay resigned from the board on 17 November 2025.
[find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/officers)
5. Nov 2024
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 ↗](https://find-and-update.company-information.service.gov.uk/company/10789721/filing-history)
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:** 1. PAEF Bank 2. GB Country · United Kingdom 3. 22 Location · reverse billing 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 984500035E9D505B4040
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/984500035E9D505B4040)
- **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-money
- **Regulation:** Prudential licence
- **Register licences:** [1 entry on 1 register](https://elucidate.co/directory/pay-perform-limited-paefgb22#licences)
- **Activities:** - Payment services
- **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb)
- **Website (register):** [www.getorbital.com ↗](https://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
```xml
PAEFGB22XXX
984500035E9D505B4040
```
### 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
```xml
PAEFGB22XXX
984500035E9D505B4040
PAY PERFORM LIMITED
LONDON
GB
152-160 CITY ROAD LONDON EC1V 2NX
```
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.
## 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)
Claim this profile
## Work at Pay Perform Limited?
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3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
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 →](https://elucidate.co/directory/methodology)
Credits for this page
- **FCA Financial Services Register - Payment Institutions & RAISPs**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) 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](https://www.getorbital.com/) (official website).
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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.