United Kingdom · Payments & e-money
Paystree LTD
Bankoro Ltd, formerly Paystree Ltd, is a private limited company incorporated in England and Wales in December 2017. Its office is at 53 Davies Street, London, and the FCA authorises it as an electronic money institution under firm reference number 900900. Bnk Holding UK Ltd has held 75% or more of its shares since December 2025. Under the Bankoro brand it offers multi-currency business and personal accounts with British IBANs, debit cards, currency exchange and banking-as-a-service infrastructure for fintechs.
Sanctions
Other list
Found by research, not by our list matching
- Listing
- Ukraine National Security and Defence Council (NSDC) State Register of Sanctions, entry for PAYSTREE LTD (list reference not seen on the official register)
- Check it
- On the issuing authority’s list
Licences and registrations
Held by Paystree LTD (LEI 2138005TIA9DGNYLA172). 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 - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value InstitutionListed as Bankoro LTD | 900900 | United Kingdom | Active | 2018-08-16 | — |
|
Search the register ↗ |
Trading names on the register: Pay.London (FCA-EMI), Card.London (FCA-EMI), BANKORO (FCA-EMI)
- 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
- PYYTGB21XXX 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 PYYTGB21 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
- 2019-03-02
- Last updated
- 2024-04-11
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
75% Bnk Holding UK Ltd
Firm type
E-money and accounts
Trades as Bankoro
- Standing
- The firm was renamed from Paystree Ltd to Pay London Ltd on 25 February 2025. It became Bankoro Ltd on 29 July 2025, briefly passing through the name Bankiro Ltd on the same day. Its website states that it holds FCA authorisation as an electronic money institution under firm reference number 900900.
- Ownership
- Bnk Holding UK Ltd, a London financial services holding company incorporated on 4 September 2025, has held 75% or more of the shares since 3 December 2025.
- Direct parent
- Bnk Holding UK Ltd, United Kingdom 75%
- Head office
- 53 Davies Street, W1K 5JH London, United Kingdom
- Company register
- Companies House 11100986
- Incorporated
- 7 Dec 2017
- Former names
- BANKIRO LTD · PAY LONDON LTD · PAYSTREE LTD
Online
- Websites & references
- bankoro.com ↗
- Official social accounts
- None found
Sources · 14 pages consulted
- find-and-update.company-information.service.gov.uk/company/11100986
- find-and-update.company-information.service.gov.uk/company/11100986/officers
- find-and-update.company-information.service.gov.uk/company/11100986/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/11100986/filing-history
- find-and-update.company-information.service.gov.uk/company/11100986/filing-history/MzQ5MTcwMTQ0MGFkaXF6a2N4/document?format=pdf&download=0
- find-and-update.company-information.service.gov.uk/company/16695463
- bankoro.com/
- bankoro.com/terms-conditions
- bankoro.com/funds-safeguarding-policy
- bankoro.com/about-us
- bankoro.com/baas
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx
- sanctions.nazk.gov.ua/en/sanction-company/7027/
- inkl.com/news/sanctioned-swiss-financier-adds-to-scrutiny-on-uk-payment-firms
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under firm reference number 900900. The authorisation dates from 16 August 2018, according to the FCA register data in the record.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900900 | In its own name | Active | — |
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 it keeps client funds separate from its own funds in designated safeguarding accounts with regulated banking institutions. It says it reconciles these funds daily.
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 multi-currency accounts with British IBANs, currency exchange, transfers and debit cards to businesses and individuals. It also offers account and ledger infrastructure to fintechs.
It serves personal and business clients from the United Kingdom, and its terms admit both UK residents and non-residents.
- Revenue
- EUR 6,795
- Sells to
- Small businesses · Consumers · Other
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Guntars Reidzans Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Bnk Holding UK Ltd became the firm's person with significant control with 75% or more of the shares, replacing Guntars Reidzans.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The firm allotted new shares on 5 December 2025. Its statement of capital shows issued capital of GBP 1,200,000.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm changed its name from Pay London Ltd to Bankoro Ltd on 29 July 2025.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm changed its name from Paystree Ltd to Pay London Ltd on 25 February 2025 and moved its registered office.
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
- PYYTGB21XXX
- How the BIC breaks down
- PYYTBank
- GBCountry · United Kingdom
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2138005TIA9DGNYLA172
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900900
- 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
- 89b0e60d5365
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
- E-money / stored value
- Licensed in
- United Kingdom
- 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
- Other sanctions lists
- Other
- 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
- UNITED KINGDOM
- Operational address
- SOUTHBANK HOUSE BLACK PRINCE RD LONDON LONDON SE1 7SJ 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>PYYTGB21XXX</BICFI>
<LEI>2138005TIA9DGNYLA172</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>PYYTGB21XXX</BICFI>
<LEI>2138005TIA9DGNYLA172</LEI>
<Nm>PAYSTREE LTD</Nm>
</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 - E-Money Institutions—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: bankoro.com (official website) · original.
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