United Kingdom · Payments & e-money
Paymaster24 LTD
Paymaster24 Ltd is a private limited company incorporated in England and Wales and based in Cambridge. The Financial Conduct Authority (FCA) authorises it as an Authorised Payment Institution, reference 599682. Companies House records Vladimir Sharko as holding 75% or more of its shares. It describes itself as a multi-channel payment gateway and payment service provider. It offers online merchants payment collection through local payment methods and payouts to affiliates, employees and freelancers.
Licences and registrations
Held by Paymaster24 LTD (LEI 254900AGGKGA82EYEP73). 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 | 599682 | United Kingdom | Active | 2018-02-22 | — |
|
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.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- PYYAGB21XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of PYYAGB21 marks a passive participant.
- 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
- 2018-05-05
- Last updated
- 2018-05-05
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
Firm type
Merchant acquiring and processing
Trades as Paymaster24
- Standing
- The firm moved its registered office from 7 Portugal Place, Cambridge, to 9 Journey Campus, Castle Park, Cambridge on 4 February 2025. The Swift BIC directory and the firm's privacy policy still show the Portugal Place address.
- Ownership
- Companies House records Vladimir Sharko, a director, as the sole person with significant control, holding 75% or more of the shares.
- Major shareholder
- Vladimir Sharko
- Head office
- 9 Journey Campus, Castle Park, CB3 0AX Cambridge, United Kingdom
- Company register
- Companies House 08387550
- Incorporated
- 4 Feb 2013
Online
- Websites & references
- paymaster24.com ↗
processing.paymaster24.com ↗ merchant processing service and merchant login
start.paymaster24.com ↗ merchant onboarding (Get Started), linked from the processing site - Official social accounts
- None found
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/08387550
- find-and-update.company-information.service.gov.uk/company/08387550/officers
- find-and-update.company-information.service.gov.uk/company/08387550/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/08387550/filing-history
- find-and-update.company-information.service.gov.uk/company/08387550/filing-history/MzQ5MTY0MTU4NGFkaXF6a2N4/document?format=pdf&download=0
- paymaster24.com/system/useruploads/images/65c3/3d91/a923/2238/3833/8868/original/PM24PrivacyPolicy.pdf
- paymaster24.com/
- paymaster24.com/legal
- paymaster24.com/settlement-service
- processing.paymaster24.com/
- bankingcircle.com/paymaster24-boosts-speed-and-range-of-currencies/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an Authorised Payment Institution, reference 599682, under the Payment Services Regulations. It provides its payment services under that authorisation.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 599682 | In its own name | Active | paymaster24.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.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Settlement bank
- Banking Circle Luxembourg
- Payment schemes and card networks
- SEPA Credit Transfer Through a partner bankingcircle.com ↗
Visa Access not stated paymaster24.com ↗
Mastercard Access not stated paymaster24.com ↗
Swift Access not stated paymaster24.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 offers online merchants a processing service that accepts cards, bank transfers, e-wallets, prepaid cards and other local payment methods, plus a settlement service for paying affiliates, employees and freelancers abroad.
The firm is based in the United Kingdom. It says it offers local payment methods from Europe, the CIS, North and Latin America, the Middle East, Africa and Asia-Pacific.
- Sells to
- Small businesses · Enterprises
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Avetik Mnatsakanyan Director and Company Secretary
- Executive
- Vladimir Sharko Director
- Executive
- Irina Deych Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm moved its registered office from 7 Portugal Place, Cambridge, to 9 Journey Campus, Castle Park, Cambridge.
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
- PYYAGB21XXX
- How the BIC breaks down
- PYYABank
- GBCountry · United Kingdom
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900AGGKGA82EYEP73
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 599682
- 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
- ed462b8d99fc
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.paymaster24.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
- 7 PORTUGAL PLACE CAMBRIDGE CB58AF UNITED KINGDOM
- Operational address
- 7 PORTUGAL PLACE CAMBRIDGE CAMBRIDGE CB58AF 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+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>PYYAGB21XXX</BICFI>
<LEI>254900AGGKGA82EYEP73</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>PYYAGB21XXX</BICFI>
<LEI>254900AGGKGA82EYEP73</LEI>
<Nm>PAYMASTER24 LTD</Nm>
<PstlAdr>
<TwnNm>CAMBRIDGE</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>7 PORTUGAL PLACE CAMBRIDGE CB58AF</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
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
- 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: paymaster24.com (official website) · original.
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