United Kingdom · Payments & e-money
Plum Fintech Payments Limited
Trading asPlum
Plum Fintech Payments Limited is a private limited company registered in England and Wales and based in London. The Financial Conduct Authority (FCA) has authorised it as an electronic money institution since 27 November 2025, under firm reference number 1023776. It belongs to the Plum group, and Plum Fintech Limited is its registered person with significant control. It issues e-money and provides payment services for the Plum Wallet (Primary Pocket) in the Plum savings and investment app for UK consumers. It is taking over this role from Modulr FS Limited, with migration starting in October 2026.
Licences and registrations
Held by Plum Fintech Payments Limited. 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 InstitutionsFCA | Authorised E-Money InstitutionE-Money / Stored Value Institution | 1023776 | United Kingdom | Active | 2025-11-27 | — |
|
Search the register ↗ |
Trading names on the register: Plum (FCA-EMI)
- 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.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Plum Fintech Limited
Firm type
E-money and accounts
Trades as Plum
- Standing
- The FCA authorised the firm as an electronic money institution on 27 November 2025. According to Plum, e-money accounts are moving to the firm from Modulr FS Limited. New accounts are to be opened with the firm from October 2026, and existing accounts will be migrated from the same month.
- Ownership
- Plum Fintech Limited (Companies House 09952199) is registered as the firm's person with significant control. Plum Fintech Limited states that it has no registrable person with significant control of its own.
- Direct parent
- Plum Fintech Limited, United Kingdom
- Head office
- Floor 2, 2-7 Clerkenwell Green, EC1R 0DE London, United Kingdom
- Company register
- Companies House 15660845
- Incorporated
- 2024
- Former name
- PLUM NEWCO LIMITED
Online
- Websites & references
- withplum.com ↗
help.withplum.com ↗ help centre
withplum.statuspage.io ↗ status page (group) - Official social accounts
- None found
Sources · 10 pages consulted
- withplum.com
- find-and-update.company-information.service.gov.uk/company/15660845/charges
- find-and-update.company-information.service.gov.uk/company/15660845/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/09952199/persons-with-significant-control
- help.withplum.com/en/articles/15924005-new-electronic-money-issuer
- withplum.com/legal/money-protections
- withplum.com/legal/terms
- cityam.com/exclusive-uk-fintech-plum-secures-e-money-licence-from-city-watchdog/
- financialit.net/news/digital-banking/smart-money-app-plum-granted-emi-licence
- fintechfutures.com/venture-capital-funding/uk-money-management-app-plum-raises-16-1m-investment
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution to issue e-money and provide payment services. Before the firm's authorisation, the Plum Wallet was provided by Modulr FS Limited, with Plum Fintech Limited acting as its distributor. Customers are being moved to the firm from October 2026.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 1023776 | 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 safeguards e-money in one or more segregated bank accounts, kept separate from its own funds, as the Electronic Money Regulations 2011 require. E-money is not covered by the FSCS.
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
The firm issues the e-money held in the Plum Wallet (Primary Pocket), the account in the Plum app into which customers' money is paid and from which it is withdrawn. Savings, ISA and investment products in the app are provided by partner banks and by the group company Saveable Limited.
The firm serves UK retail customers of the Plum app under its FCA authorisation.
- Sells to
- Consumers
- Serves customers in
- United Kingdom
- Latest funding round
- Series B · GBP 13.4m Mar 2025
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Victor Trokoudes Founder and CEO, Plum (group level)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Plum announced that the firm would replace Modulr FS Limited as e-money provider for the Plum Wallet, with migration starting in October 2026.
help.withplum.com ↗ -
Licence
The FCA authorised the firm as an electronic money institution under firm reference number 1023776.
cityam.com ↗ -
Funding
The Plum group raised GBP 13.4 million in a Series B round and GBP 2.7 million through crowdfunding on Crowdcube.
fintechfutures.com ↗
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
- Licence no. · FCA-EMI
- 1023776
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- 2541ca427ef0
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.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom · Europe & Central Asia
- First registered
- 2025-11-27
- Website
- www.withplum.com ↗
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
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- Floor 2, 2-7 Clerkenwell Green, London, EC1R 0DE
- Country
- United Kingdom
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<Nm>PLUM FINTECH PAYMENTS LIMITED</Nm>
<PstlAdr>
<PstCd>EC1R 0DE</PstCd>
<TwnNm>London</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>Floor 2, 2-7 Clerkenwell Green</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
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 →Register for this page
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · source ↗ 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.
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