United Kingdom · Payments & e-money
Ripple Markets UK LTD
Ripple Markets UK Ltd is a private limited company registered in England and Wales, with its head office in London. The FCA authorises it as an electronic money institution (FRN 1028021) and registers it as a cryptoasset business under the Money Laundering Regulations. It is a wholly owned subsidiary of Ripple Labs Inc. of San Francisco. It offers Ripple Payments, a cross-border payment service using digital assets, to UK institutional clients.
Licences and registrations
Held by Ripple Markets UK LTD (LEI 254900G0EPVX6T5K9X91). 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 - E-Money InstitutionsFCA | Authorised E-Money InstitutionE-Money / Stored Value Institution | 1028021 | United Kingdom | Active | 2026-01-09 | — |
|
Search the register ↗ |
| MSB Registrant SearchFinCEN | —Money Transmitter / Remittance | Not published by the register | United States | Active | 2024-01-02 | — |
|
Search the register ↗ |
- 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.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Ripple Labs Inc.
Firm type
Payment infrastructure
Trades as Ripple
- Standing
- The firm was registered as Ripple Europe Ltd. from 25 April 2016 until 1 August 2022. It then took its current name. The FCA authorised it as an electronic money institution on 9 January 2026.
- Ownership
- According to its 2024 accounts, Ripple Labs Inc. owns 100% of the firm, and Companies House lists Christian Anton Larsen as its person with significant control.
- Direct parent
- Ripple Labs Inc. ↗, United States 100%
- Major shareholder
- Christian Anton Larsen (person with significant control: more than 50% but less than 75% of voting rights)
- Head office
- 16th Floor, One Angel Court, EC2R 7HJ London, United Kingdom (registered office: C/O Csc Cls (Uk) Limited, 5 Churchill Place, 10th Floor, London, E14 5HU, United Kingdom)
- Company register
- Companies House 10145333
- Incorporated
- 25 Apr 2016
- Former name
- RIPPLE EUROPE LTD.
Online
- Websites & references
- ripple.com ↗
docs.ripple.com ↗ Ripple group technical documentation, linked from the ripple.com footer - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
Sources · 12 pages consulted
- ripple.com/legal/compliance/
- find-and-update.company-information.service.gov.uk/company/10145333
- find-and-update.company-information.service.gov.uk/company/10145333/officers
- find-and-update.company-information.service.gov.uk/company/10145333/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/10145333/filing-history
- find-and-update.company-information.service.gov.uk/company/10145333/filing-history/MzQ5NzQ5MjcxM2FkaXF6a2N4/document?format=pdf&download=0
- ripple.com/ripple-press/ripple-receives-fca-permissions-to-scale-ripple-payments-in-the-uk/
- ripple.com/
- ripple.com/legal/money-transfer-license/
- ripple.com/ripple-press/ripple-announces-500-million-strategic-investment-led-by-fortress-citadel-se
- financemagnates.com/cryptocurrency/ripple-gets-fca-green-light-for-uk-payments-via-local-unit-but-with-tight-
- coindesk.com/policy/2026/01/09/ripple-wins-uk-regulatory-approval-from-financial-conduct-authority
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution. It also registers the firm as a cryptoasset business under the Money Laundering Regulations, subject to conditions. EEA clients of the Ripple group are served by Ripple Payments Europe S.A., a separate Luxembourg entity.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority (FCA) United Kingdom | Authorised Electronic Money Institution | 1028021 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority (FCA) United Kingdom | Cryptoasset business registration under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, subject to conditions | 1028021 | In its own name | Active | ripple.com ↗ |
| Financial Crimes Enforcement Network (FinCEN) United States | Money services business registration (money transmitter) | — | 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 relevant client funds apart from its own funds, in one or more designated safeguarding accounts with authorised credit institutions.
- Crypto-asset custody
- Not disclosedThe FCA registers the firm as a cryptoasset business. Ripple describes the UK offer as cross-border payments using digital assets for institutions and does not state the custody arrangement for this entity.
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
Under its FCA permissions it offers Ripple Payments, a cross-border payment service that uses digital assets, to UK institutional clients.
It serves UK clients and directs its services only to investment professionals, high net worth companies and other persons to whom promotion is lawful under the Financial Promotion Order.
- Revenue
- GBP 54.6m
- Sells to
- Financial institutions · Enterprises
- Serves customers in
- United Kingdom
- Latest funding round
- Strategic investment (Ripple Labs group level) · USD 500m Nov 2025Led by Fortress Investment Group (affiliated funds), Citadel Securities (affiliates)
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Cassandra Jane Craddock-Ball (Cassie Craddock) Director; Managing Director, UK & Europe at Ripple
- Executive
- Nigel Khakoo Director
- Executive
- Christopher Alexander Myers Director
- Executive
- Timothy Charles Sawyer Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Eric Paul Van Miltenburg stepped down as a director of the firm on 25 June 2026.
find-and-update.company-information.service.gov.uk ↗ -
Licence
The FCA authorised the firm as an electronic money institution and registered it as a cryptoasset business on 9 January 2026.
ripple.com ↗ -
Funding
Parent Ripple Labs announced a USD 500 million strategic investment at a USD 40 billion valuation, led by Fortress and Citadel Securities affiliates.
ripple.com ↗ -
Leadership
David Phelan stepped down as a director on 30 August 2024, after Craig Peter Perrin left the board on 21 May 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
- Licence no. · FCA-EMI
- 1028021
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate on the UK company number the register gives
- Companies House no.
- 10145333 ↗
- Elucidate firm ID
- 922251db770e
- Merged register entry
- b898d611812d · FINCEN-MSB
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.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom · Europe & Central Asia
- First registered
- 2026-01-09
- Website
- www.ripple.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
- Direct parent
- Ripple Labs Inc. · United States9845001L01C142EE4094 ↗
The Ripple Labs Inc. group has 3 institutions in the directory, in 3 countries: none holds a BIC.
Including Ripple Payments Europe S.A., Ripple Labs Cayman Ltd..
See the Ripple Labs Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Persons with significant control
Companies House · company 10145333 ↗ · as at 9 October 2026
Companies House lists 1 person with significant control for Ripple Markets UK Ltd: 1 individual.
| Name | Type | Nature of control | Notified |
|---|---|---|---|
| Christian Anton Larsen | Individual | 50–75% of votes · Can appoint or remove directors | 25 April 2016 |
Companies report persons with significant control to Companies House. Elucidate has not verified them.
A person with significant control holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown.
Matched on the Companies House number that the FCA register gives for this firm.
See the register at Companies House ↗Addresses
- Address on the register
- 16th Floor, 1 Angel Court, London, EC2R 7HJ
- 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, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>254900G0EPVX6T5K9X91</LEI>
<Nm>RIPPLE MARKETS UK LTD</Nm>
<PstlAdr>
<PstCd>EC2R 7HJ</PstCd>
<TwnNm>London</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>16th Floor, 1 Angel Court</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 →Registers for this page
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · source ↗ as at 25 September 2026
- MSB Registrant Search—Financial Crimes Enforcement Network (FinCEN) · source ↗ as at 24 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Persons with significant control—Companies House · source ↗ as at 9 October 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.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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