United Kingdom · Payments & e-money
Push Labs Limited
Push Labs Limited is a private limited company incorporated in England and Wales in 2018, with its registered office in London. The Financial Conduct Authority (FCA) authorises it as an electronic money institution under firm reference number 900984. Since May 2026 the FCA has also registered it as a cryptoasset exchange provider. It is a wholly owned subsidiary of Aave Group SEZC of the Cayman Islands, part of the Aave Labs group, and traded as Aave Limited until March 2024. Aave Labs presents it as one of the UK entities behind Push, a service for moving between fiat currency and stablecoins.
Licences and registrations
Held by Push Labs Limited (LEI 984500CC363DF4FK5774). 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 | 900984 | United Kingdom | Active | 2020-07-07 | — |
|
Search the register ↗ |
Trading names on the register: Push (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
- AAVEGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of AAVEGB22 marks 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
- Other BIC with this LEI
- PUSLGB22
- BIC first registered
- 2021-05-01
- Last updated
- 2024-04-10
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Aave Group SEZC
Firm type
E-money and accounts
Trades as Push by Aave Labs (Aave Push)
- Standing
- On 19 March 2024 the firm changed its name from Aave Limited to Push Labs Limited. Its accounts for 2025 say it was still designing and building its e-money issuing solution. They also say all of its revenue came from software development services to a group company.
- Ownership
- Aave Group SEZC of the Cayman Islands owns 100% of the firm, and the ultimate parent is Bear Holdings (Cayman) Limited. According to its 2025 accounts, the ultimate controlling party is Stani Kulechov.
- Direct parent
- Aave Group SEZC, Cayman Islands 100%
- Ultimate owner
- Bear Holdings (Cayman) Limited, Cayman Islands
- Head office
- 128 City Road, EC1V 2NX London, United Kingdom
- Company register
- Companies House 11632462
- Incorporated
- 19 Oct 2018
- Founder
- Stani Kulechov
- Former name
- AAVE LIMITED
Online
- Websites & references
- push.co ↗
- Official social accounts
- None found
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/11632462/filing-history/MzUzMjkxNzI0NWFkaXF6a2N4/document?format=xhtml&download=1
- find-and-update.company-information.service.gov.uk/company/11632462/officers
- find-and-update.company-information.service.gov.uk/company/11632462/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/11632462/filing-history
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx
- x.com/aave/status/2059922168843304970?lang=en
- finextra.com/pressarticle/109972/push-by-aave-labs-receives-fca-crypto-approval
- aave.com/blog/aave-micar-approval
- push.co/
- push.co/legal/us
- cointelegraph.com/news/aave-labs-push-gains-uk-fca-crypto-registration
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 (FRN 900984). According to Aave Labs, the FCA has also registered it as a cryptoasset exchange provider under the Money Laundering Regulations 2017 (FRN 1031720).
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900984 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Cryptoasset exchange provider registration under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 | 1031720 | In its own name | Active | x.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
- Crypto-asset custody
- Not disclosedThe FCA registered the firm as a cryptoasset exchange provider in May 2026, for planned stablecoin on- and off-ramping. The Push brand describes its service as non-custodial, with stablecoins sent directly to users' wallets.
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
Aave Labs has announced that Push will offer zero-fee on- and off-ramping between pounds and stablecoins in the UK. According to its 2025 accounts, the firm's revenue came from software development services to a group company.
The firm's FCA authorisation and registration cover the UK. In May 2026 the Push service was reported as available only to residents of Ireland, through an Irish group company.
- Revenue
- GBP 1.83m
Leadership
Researched 29 Sep 2026 · Sources
- Founder
- Stani Kulechov Director (Founder and CEO of Aave Labs)
- Executive
- Nicole Butler Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Peter Dennis Kerr resigned as a director of the firm on 24 July 2026.
find-and-update.company-information.service.gov.uk ↗ -
Licence
The FCA registered the firm as a cryptoasset exchange provider, and Aave Labs announced this on 28 May 2026.
finextra.com ↗ -
Funding
The firm issued new shares for GBP 3.5 million during 2024, according to its filed accounts.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm changed its name from Aave Limited to Push Labs Limited on 19 March 2024.
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
- AAVEGB22XXX
- How the BIC breaks down
- AAVEBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500CC363DF4FK5774
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900984
- 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
- 3cb5be5a367f
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
- 128 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
- Operational address
- 128 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
<FinInstnId>
<BICFI>AAVEGB22XXX</BICFI>
<LEI>984500CC363DF4FK5774</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>AAVEGB22XXX</BICFI>
<LEI>984500CC363DF4FK5774</LEI>
<Nm>PUSH LABS LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>128 CITY ROAD LONDON EC1V 2NX</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.
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