United Kingdom · Payments & e-money
Segregated Payments Limited
Segregated Payments Limited is a private limited company incorporated in England and Wales, with its office in Hatfield, Hertfordshire. The Financial Conduct Authority (FCA) authorises it as an authorised payment institution, firm reference number 584599. It is the UK entity of the Segpay group. Its immediate parent is Toccata Inc of the United States, which Catherine Beardsley controls. It provides online card payment processing, payment facilitation and gateway services to merchants in subscription, digital content, adult and dating, and other online sectors.
Licences and registrations
Held by Segregated Payments Limited (LEI 984500C0F83F805BE898). 2 entries 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 - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 584599 | United Kingdom | Active | 2018-04-30 | — |
|
Search the register ↗ |
| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Small Payment InstitutionPayment Institution | 567776 | United Kingdom | Cancelled - Small PI (Former 3MLD) | — | Ended 2013-02-21 |
|
Search the register ↗ |
Trading names on the register: SegPay (FCA-PSD)
- 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
- SEGYGB22XXX 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 SEGYGB22 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
- 2025-11-01
- Last updated
- 2025-11-01
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Toccata Inc
Firm type
Merchant acquiring and processing
Trades as Segpay
- Ownership
- Toccata Inc of Deerfield Beach, Florida, holds 75% or more of the shares and voting rights. According to the 2025 accounts, Catherine Beardsley is the ultimate controlling party through her majority shareholding in Toccata Inc.
- Direct parent
- Toccata Inc, United States
- Head office
- Room 21, Great North Business Centre, 82 Great North Road, AL9 5BL Hatfield, United Kingdom
- Company register
- Companies House 07825300
- Incorporated
- 27 Oct 2011
- Founder
- Cathy Beardsley
Online
- Websites & references
- segpay.com ↗
cs.segpay.com ↗ consumer self-service portal for billing questions and cancelling subscriptions
gethelp.segpay.com ↗ merchant support documentation and FAQ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
Sources · 12 pages consulted
- find-and-update.company-information.service.gov.uk/company/07825300
- find-and-update.company-information.service.gov.uk/company/07825300/officers
- find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/07825300/filing-history
- find-and-update.company-information.service.gov.uk/company/07825300/filing-history/MzUxNzk1NzM4NmFkaXF6a2N4/document?format=pdf&download=0
- fsc.gi/regulated-entity/segregated-payments-limited-19045
- segpay.com/
- segpay.com/solutions/uk-merchants/
- segpay.com/team/
- segpay.com/newsroom/segpay-expands-global-payment-options-with-pay-by-bank-uk/
- segpay.com/solutions/payment-processing/
- segpay.com/csfaq/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an authorised payment institution, reference 584599, active since 30 April 2018. The Gibraltar Financial Services Commission lists it as providing payment services in Gibraltar from the United Kingdom.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 584599 | In its own name | Active | register.fca.org.uk ↗ |
| Gibraltar Financial Services Commission Gibraltar | Payment Services Directive: incoming services from the United Kingdom | — | Exemption | Active | fsc.gi ↗ |
| Financial Conduct Authority United Kingdom | Small Payment Institution | 567776 | In its own name | Withdrawn or expired | — |
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 accountsSegpay states that merchant funds are held in safeguarding accounts, separate from operating funds, until they are paid out to merchants every week.
- Acquirer / processor
- Worldline France
- Acquirer / processor
- Credorax Malta
- Acquirer / processor
- Rapyd Iceland
- Payment schemes and card networks
- Visa Through a partner segpay.com ↗
Faster Payments Through a partner segpay.com ↗
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
Segpay offers card processing as a payment facilitator, a payment gateway, recurring billing, fraud screening and Pay by Bank (UK), which is powered by TrueLayer. It focuses on subscription, digital content, adult and dating merchants.
The firm serves UK merchants under its FCA authorisation. The Segpay group serves EU merchants through a separate Irish entity.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in 2 countries
- United Kingdom · Gibraltar
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Stanley Skoglund
CEO, Segpay UK; director
- Compliance / MLRO
-
David Gough
Head of Compliance & Money Laundering Reporting Officer; director
- Founder
- Catherine Michelle Beardsley Director; President & CEO of the Segpay group
- Executive
- David Drake Hohman Director; Strategic Financial Advisor of the Segpay group
- Executive
- Alessandro Cuomo Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The firm appointed Alessandro Cuomo as a director on 1 August 2026.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm notified Catherine Beardsley as a person with significant control, effective 28 July 2026, through control over the trustees of a trust.
find-and-update.company-information.service.gov.uk ↗ -
Other
Segpay added Pay by Bank (UK), powered by TrueLayer, for bank-to-bank payments over Faster Payments.
segpay.com ↗ -
Leadership
Daniel Becker resigned as a director and ceased to be a person with significant control on 6 November 2025.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm notified Toccata Inc as a person with significant control, holding 75% or more of shares and votes, from 6 November 2025.
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
- SEGYGB22XXX
- How the BIC breaks down
- SEGYBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500C0F83F805BE898
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 584599
- Licence no. · FCA-PSD
- 567776
- 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
- 1a3057a0618c
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
- 2 entries on 1 register
- Activities
- Payment services
- Licensed in
- United Kingdom
- Website (register)
- www.segpay.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
- GREAT NORTH BUSINESS CENTRE FLOOR ROOM 21 82 GREAT NORTH ROAD ENGLAND AL9 5BL UNITED KINGDOM
- Operational address
- GREAT NORTH BUSINESS CENTRE FLOOR ROOM 21 82 GREAT NORTH ROAD HATFIELD HATFIELD AL9 5BL 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>SEGYGB22XXX</BICFI>
<LEI>984500C0F83F805BE898</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>SEGYGB22XXX</BICFI>
<LEI>984500C0F83F805BE898</LEI>
<Nm>SEGREGATED PAYMENTS LIMITED</Nm>
<PstlAdr>
<Ctry>GB</Ctry>
<AdrLine>GREAT NORTH BUSINESS CENTRE FLOOR ROOM 21 82 GREAT NORTH ROAD ENGLAND</AdrLine>
<AdrLine>AL9 5BL</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
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.
Claim this profile
Work at Segregated Payments Limited?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
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
- 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: segpay.com (official website) · original; Stanley Skoglund: segpay.com (official website) · original; David Gough: segpay.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo