United Kingdom · Payments & e-money
Privalgo Limited
Privalgo Limited is a private limited company registered in England with its office in the City of London. The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011 (reference number 900887). Privalgo Holdings Limited has held more than 75% of its shares since September 2024. The firm provides foreign exchange, international payments, multi-currency accounts, e-wallets and currency risk management to UK businesses and private clients, and a sister company, Privalgo B.V., serves EU clients under a Dutch licence.
Licences and registrations
Held by Privalgo Limited (LEI 213800I9R63HTSO59405). 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 Institution | 900887 | United Kingdom | Active | 2018-11-22 | — |
|
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
- PRGVGB2LXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under PRGVGB2L directly.
- Swift GPI
- Member, not yet live
- 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
- 2020-07-25
- Last updated
- 2025-08-03
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Privalgo Holdings Limited
Firm type
FX and business payments
Trades as Privalgo
- Ownership
- Privalgo Holdings Limited (Companies House 14926427) has held 75% or more of the shares and voting rights since 23 September 2024, having replaced co-founder Stewart Blake as the person with significant control.
- Direct parent
- Privalgo Holdings Limited, United Kingdom
- Head office
- 5th & 6th Floor, 16 Eastcheap, EC3M 1BD London, United Kingdom
- Company register
- Companies House 11219580
- Incorporated
- 22 Feb 2018
- Founders
- Stewart Blake · Daniel Biggs · Zeb Bham · Richard Chunn · Matthew Clarke
Online
- Websites & references
- privalgo.co.uk ↗
portals.privalgo.co.uk ↗ client portal (registration and login) - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 12 pages consulted
- find-and-update.company-information.service.gov.uk/company/11219580/filing-history/MzU0ODI3NTYyMmFkaXF6a2N4/document?format=xhtml&download=1
- find-and-update.company-information.service.gov.uk/company/11219580/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/11219580/officers
- find-and-update.company-information.service.gov.uk/company/11219580/filing-history
- find-and-update.company-information.service.gov.uk/company/11219580
- privalgo.co.uk/
- privalgo.co.uk/about/management-team/
- privalgo.co.uk/terms-of-use-website/
- privalgo.co.uk/faq/
- privalgo.co.uk/the-weight-european-businesses-carry/
- privalgo.co.uk/introducing-privalgos-new-identity/
- investinholland.com/news/fintech-privalgo-secures-dutch-emi-licence/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011 (reference number 900887), and the FCA register shows the authorisation as active since 22 November 2018. Group companies hold separate authorisations: Privalgo Markets Limited is authorised by the FCA (reference 950964), and Privalgo B.V. is authorised by De Nederlandsche Bank as an electronic money institution.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900887 | 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 money segregated from its own funds and safeguards it at Tier 1 UK banks. Its 2025 accounts show GBP 126.3 million held in segregated client accounts at 31 December 2025.
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 sells currency conversion, spot and forward contracts, international payments, multi-currency accounts with virtual IBANs, e-wallets and API connectivity, and each client has a named relationship manager. Its website gives a minimum transfer of GBP 5,000.
The firm states that Privalgo Limited's services are intended for clients in the United Kingdom. EU clients are served by the sister company Privalgo B.V. in Amsterdam, and the brand says it pays out to more than 95 countries.
- Revenue
- GBP 23.3m
- Payment volume
- GBP 4.59bntotal transaction value (strategic report KPI)
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Daniel Biggs
Chief Executive Officer & Founder
- Chair
-
Stewart Blake
Chairman & Founder
- Chief financial officer
-
Ilan Cohen
Chief Financial Officer
- Compliance / MLRO
-
Asma Khan
Head of Compliance (SMF 16)
- Compliance / MLRO
-
Ezekiel Umoh
MLRO
- Founder
-
Zeb Bham
Chief Operating Officer & Founder
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The group announced that its sister company Privalgo B.V. had finished its pilot phase and was fully operational in the Netherlands.
privalgo.co.uk ↗ -
Licence
De Nederlandsche Bank granted the sister company Privalgo B.V. an electronic money institution licence, and the group launched its Amsterdam entity.
investinholland.com ↗ -
Other
Privalgo Holdings Limited became the firm's controlling shareholder, replacing co-founder Stewart Blake as person with significant control.
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
- PRGVGB2LXXX
- How the BIC breaks down
- PRGVBank
- GBCountry · United Kingdom
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800I9R63HTSO59405
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900887
- 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
- 539f544a26f3
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
- 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
- 5TH AND 6TH FLOOR, 16 EASTCHEAP LONDON, ENGLAND EC3M 1BD UNITED KINGDOM
- Operational address
- 16 EASTCHEAP FLOOR 5 AND 6 LONDON LONDON EC3M 1BD 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>PRGVGB2LXXX</BICFI>
<LEI>213800I9R63HTSO59405</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>PRGVGB2LXXX</BICFI>
<LEI>213800I9R63HTSO59405</LEI>
<Nm>PRIVALGO LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>5TH AND 6TH FLOOR, 16 EASTCHEAP LONDON, ENGLAND EC3M 1BD</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.
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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: privalgo.co.uk (official website) · original; Daniel Biggs: privalgo.co.uk (official website) · original; Stewart Blake: privalgo.co.uk (official website) · original; Ilan Cohen: privalgo.co.uk (official website) · original; Asma Khan: privalgo.co.uk (official website) · original; Ezekiel Umoh: privalgo.co.uk (official website) · original; Zeb Bham: privalgo.co.uk (official website) · original.
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