United Kingdom · Payments & e-money
Quickremit Limited
QuickRemit Limited is a private limited company registered in England and Wales, with its office in London. The Financial Conduct Authority (FCA) authorises it as an authorised payment institution, firm reference number 910592. Its director Wellington Agharese holds more than 50% but less than 75% of its shares. The firm sends money from the UK to Nigeria through its app. It also offers invoice settlement and bulk trade payments to businesses, and API access to money service businesses and fintechs.
Licences and registrations
Held by Quickremit Limited (LEI 213800OSPFCAP4NWMO07). 2 entries on 2 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 | 910592 | United Kingdom | Active | 2020-07-20 | — |
|
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| HMRC MLR Supervised Business RegisterHMRCLinked by LEI. Matched by Elucidate on the UK company number the register gives. | Money Service BusinessMoney Transmitter / Remittance | XWML00000214341 | United Kingdom | Active | 2025-12-01 | — |
|
Search the register ↗ |
Trading names on the register: Quickremit (FCA-PSD, HMRC-MLR)
- 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
- QUCKGB22XXX 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 QUCKGB22 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
- BIC first registered
- 2024-10-05
- Last updated
- 2026-01-13
Overview
Researched 29 Sep 2026 · Sources
Ownership
Privately held
Firm type
Money remittance
Trades as QuickRemit
- Ownership
- According to Companies House, director Wellington Agharese is the only person with significant control, holding more than 50% but less than 75% of the shares.
- Major shareholder
- Wellington Agharese
- Head office
- Office 202, 2nd Floor, Highland House, 165 The Broadway, SW19 1NE London, United Kingdom
- Company register
- Companies House 11141043
- Incorporated
- 9 Jan 2018
- Founders
- Wellington Agharese · Paul Ofulue
Online
- Websites & references
- quickremitltd.com ↗
web.quickremitltd.com ↗ web app for sending money (linked from homepage) - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/11141043
- find-and-update.company-information.service.gov.uk/company/11141043/officers
- find-and-update.company-information.service.gov.uk/company/11141043/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/11141043/filing-history
- find-and-update.company-information.service.gov.uk/company/11141043/filing-history/MzU0ODAwNjQ2M2FkaXF6a2N4/document?format=pdf&download=0
- quickremitltd.com/
- quickremitltd.com/terms
- quickremitltd.com/about
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CXC7
- techcabal.com/2025/09/15/quickremit-launches-crowdcube-campaign-to-give-uk-investors-early-access-to-af
- techpoint.africa/brandpress/quickremit-is-building-faster-cheaper-payments-from-the-uk-to-africa/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an authorised payment institution under the Payment Services Regulations 2017, firm reference number 910592. HM Revenue & Customs (HMRC) also lists it as a money service business for money remittance.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority (FCA) United Kingdom | Authorised Payment Institution | 910592 | In its own name | Active | quickremitltd.com ↗ |
| HM Revenue & Customs (HMRC) United Kingdom | Money Service Business (Money Transmitter / Remittance) | XWML00000214341 | 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 says it keeps client funds in segregated accounts. IFX Payments Ltd, an FCA-authorised electronic money institution, collects these funds and holds them in a safeguarding account at a bank. The firm says it keeps further safeguarding arrangements with EM Bank.
- Safeguarding bank
- IFX Payments Ltd United Kingdom
- Safeguarding bank
- EM Bank
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 sends money from the UK to bank accounts in Nigeria. It also lets businesses pay suppliers in China in CNY or USD, and it offers a partner API for money service businesses and fintechs.
The firm serves senders in the UK under its FCA authorisation, with Nigeria as its main destination country.
- Sells to
- Consumers · Small businesses · Financial institutions · Platforms and marketplaces
- Serves customers in 2 countries
- United Kingdom · Nigeria
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Wellington Agharese Director and CEO
- Founder
- Paul Mudiaga Ofulue COO and Co-Founder; Director
- Executive
- Nnaemeka Obiakor Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm moved its registered office from 344-354 Gray's Inn Road to 165-177 The Broadway, London SW19 1NE.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The firm launched an equity crowdfunding campaign on Crowdcube with a target of GBP 500,000.
techcabal.com ↗ -
Leadership
The firm appointed Nnaemeka Obiakor as a director.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm appointed Paul Mudiaga Ofulue as a director. Directors Varun Rao Pingali and Faisel Jamshaid Mahboob resigned.
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
- QUCKGB22XXX
- How the BIC breaks down
- QUCKBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800OSPFCAP4NWMO07
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 910592
- Licence no. · HMRC-MLR
- XWML00000214341
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- ad7597a16372
Profile
- Type
- Payments & e-money · Money service businessPayment 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
- 2 entries on 2 registers
- Activities
- Payment services
- Money remittance
- Licensed in
- United Kingdom
- Website (register)
- www.quickremitltd.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
- 344-354 GRAYS INN ROAD LONDON FLOOR 3RD FLOOR LONDON WC1X 8BP UNITED KINGDOM
- Operational address
- 344-354 GRAYS INN ROAD LONDON 3RD FLOOR LONDON LONDON WC1X 8BP 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>QUCKGB22XXX</BICFI>
<LEI>213800OSPFCAP4NWMO07</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>QUCKGB22XXX</BICFI>
<LEI>213800OSPFCAP4NWMO07</LEI>
<Nm>QUICKREMIT LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>344-354 GRAYS INN ROAD LONDON FLOOR 3RD FLOOR LONDON WC1X 8BP</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 - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- HMRC MLR Supervised Business Register—HM Revenue & Customs (HMRC) · register ↗ as at 24 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: quickremitltd.com (official website) · original.
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