---
title: "Segregated Payments Limited SWIFT/BIC code SEGYGB22XXX · United Kingdom | Elucidate"
description: "Licensed in the United Kingdom: Authorised Payment Institution (FCA). SWIFT/BIC code SEGYGB22XXX for Segregated Payments Limited, United Kingdom."
url: https://elucidate.co/directory/segregated-payments-limited-segygb22
---
1. [Directory](https://elucidate.co/directory)
2. [United Kingdom](https://elucidate.co/directory/country/gb)
3. Segregated Payments Limited
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.
Register status
Licensed in the United Kingdom
Authorised Payment Institution · FCA
Prudential licence
[2 licences and registrations ↓](https://elucidate.co/directory/segregated-payments-limited-segygb22#licences)
BIC **SEGYGB22XXX** LEI **[984500C0F83F805BE898](https://search.gleif.org/#/record/984500C0F83F805BE898)** [Licence no. **584599**](https://elucidate.co/directory/segregated-payments-limited-segygb22#licences) Reverse billing Head-office BIC only [Claim this profile](https://elucidate.co/directory/segregated-payments-limited-segygb22#claim)
## 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 & RAISPs](https://elucidate.co/directory/register/fca-psd) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 584599 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2018-04-30 | — | - Payment services | [Search the register ↗](https://register.fca.org.uk/s/) |
| [FCA Financial Services Register - Payment Institutions & RAISPs](https://elucidate.co/directory/register/fca-psd) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Small Payment InstitutionPayment Institution | 567776 | [United Kingdom](https://elucidate.co/directory/country/gb) | Cancelled - Small PI (Former 3MLD) | — | Ended 2013-02-21 | - Payment services | [Search the register ↗](https://register.fca.org.uk/s/) |
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 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](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-sources)
Customers
50,000
merchants · Group · 24 Aug 2026 · [company statement ↗](https://segpay.com/)
Employees
3
headcount · This entity · 31 Dec 2025 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/filing-history/MzUxNzk1NzM4NmFkaXF6a2N4/document?format=pdf&download=0)
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 ↗](https://segpay.com/) [cs.segpay.com ↗](https://cs.segpay.com/) consumer self-service portal for billing questions and cancelling subscriptions [gethelp.segpay.com ↗](https://gethelp.segpay.com/) merchant support documentation and FAQ
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/segpay) · [X ↗](https://x.com/segpay) · [Facebook ↗](https://www.facebook.com/Segpay/) · [YouTube ↗](https://www.youtube.com/@segpayinc)
Sources · 12 pages consulted
1. [find-and-update.company-information.service.gov.uk/company/07825300](https://find-and-update.company-information.service.gov.uk/company/07825300)
2. [find-and-update.company-information.service.gov.uk/company/07825300/officers](https://find-and-update.company-information.service.gov.uk/company/07825300/officers)
3. [find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control)
4. [find-and-update.company-information.service.gov.uk/company/07825300/filing-history](https://find-and-update.company-information.service.gov.uk/company/07825300/filing-history)
5. [find-and-update.company-information.service.gov.uk/company/07825300/filing-history/MzUxNzk1NzM4NmFkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/07825300/filing-history/MzUxNzk1NzM4NmFkaXF6a2N4/document?format=pdf&download=0)
6. [fsc.gi/regulated-entity/segregated-payments-limited-19045](https://www.fsc.gi/regulated-entity/segregated-payments-limited-19045)
7. [segpay.com/](https://segpay.com/)
8. [segpay.com/solutions/uk-merchants/](https://segpay.com/solutions/uk-merchants/)
9. [segpay.com/team/](https://segpay.com/team/)
10. [segpay.com/newsroom/segpay-expands-global-payment-options-with-pay-by-bank-uk/](https://segpay.com/newsroom/segpay-expands-global-payment-options-with-pay-by-bank-uk/)
11. [segpay.com/solutions/payment-processing/](https://segpay.com/solutions/payment-processing/)
12. [segpay.com/csfaq/](https://segpay.com/csfaq/)
## Authorisation
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-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 ↗](https://register.fca.org.uk/s/firm?id=001b000000NMYslAAH) |
| Gibraltar Financial Services Commission Gibraltar | Payment Services Directive: incoming services from the United Kingdom | — | Exemption | Active | [fsc.gi ↗](https://www.fsc.gi/regulated-entity/segregated-payments-limited-19045) |
| 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](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-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. [segpay.com ↗](https://segpay.com/solutions/payment-processing/)
- **Acquirer / processor:** Worldline France [segpay.com ↗](https://segpay.com/)
- **Acquirer / processor:** Credorax Malta [segpay.com ↗](https://segpay.com/)
- **Acquirer / processor:** Rapyd Iceland [segpay.com ↗](https://segpay.com/)
- **Payment schemes and card networks:** Visa Through a partner [segpay.com ↗](https://segpay.com/) Faster Payments Through a partner [segpay.com ↗](https://segpay.com/newsroom/segpay-expands-global-payment-options-with-pay-by-bank-uk/)
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](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-sources)
- Merchant acquiring
- Payment gateway
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](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-sources)
- **Chief executive:**  Stanley Skoglund CEO, Segpay UK; director Confirmed 29 Sep 2026 · [segpay.com ↗](https://segpay.com/team/)
- **Compliance / MLRO:**  David Gough Head of Compliance & Money Laundering Reporting Officer; director Confirmed 29 Sep 2026 · [segpay.com ↗](https://segpay.com/team/)
- **Founder:** Catherine Michelle Beardsley Director; President & CEO of the Segpay group Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/officers)
- **Executive:** David Drake Hohman Director; Strategic Financial Advisor of the Segpay group Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/officers)
- **Executive:** Alessandro Cuomo Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/officers)
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/segregated-payments-limited-segygb22#overview-sources)
1. Aug 2026
Leadership
The firm appointed Alessandro Cuomo as a director on 1 August 2026.
[find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/filing-history)
2. Jul 2026
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 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control)
3. Mar 2026
Other
Segpay added Pay by Bank (UK), powered by TrueLayer, for bank-to-bank payments over Faster Payments.
[segpay.com ↗](https://segpay.com/newsroom/segpay-expands-global-payment-options-with-pay-by-bank-uk/)
4. Nov 2025
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 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/officers)
5. Nov 2025
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 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control)
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:** 1. SEGY Bank 2. GB Country · United Kingdom 3. 22 Location · reverse billing 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 984500C0F83F805BE898
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/984500C0F83F805BE898)
- **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
- **Companies House no.:** [07825300 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300)
## Profile
- **Type:** Payments & e-money
- **Regulation:** Prudential licence
- **Register licences:** [2 entries on 1 register](https://elucidate.co/directory/segregated-payments-limited-segygb22#licences)
- **Activities:** - Payment services
- **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb)
- **Website (register):** [www.segpay.com ↗](https://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.
## Persons with significant control
Companies House · company [07825300 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300) · as at 9 October 2026
Companies House lists 2 persons with significant control for Segregated Payments Limited: 1 individual and 1 company.
| Name | Type | Nature of control | Notified |
| --- | --- | --- | --- |
| Toccata Inc | Company · United States | 75–100% of shares · 75–100% of votes · Can appoint or remove directors · Can appoint or remove directors as a firm member · Significant influence or control as a firm member | 6 November 2025 |
| Catherine Michelle Beardsley | Individual | 50–75% of shares as a trustee · Significant influence or control as a trustee | 28 July 2026 |
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 ↗](https://find-and-update.company-information.service.gov.uk/company/07825300/persons-with-significant-control)
## 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
```xml
SEGYGB22XXX
984500C0F83F805BE898
```
### 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
```xml
SEGYGB22XXX
984500C0F83F805BE898
SEGREGATED PAYMENTS LIMITED
GB
GREAT NORTH BUSINESS CENTRE FLOOR ROOM 21 82 GREAT NORTH ROAD ENGLAND
AL9 5BL
```
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.
## Related institutions
### Other payments & e-money institutions in the United Kingdom
- [Stonex Financial LTD BIC IGLUGB2L Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 446717 (FCA-PSD) · also on FINTRAC-MSB · LEI 549300AWF3TOHRYL7754](https://elucidate.co/directory/stonex-financial-ltd-iglugb2l)
- [Dex International Limited · trading as DEXREMIT No BIC Payments & e-money Crypto Money service business Prudential licence United Kingdom · Licensed by FCA · 503929 (FCA-PSD) · also on HMRC-MLR, FINTRAC-MSB · LEI 9845003995D06S994R04](https://elucidate.co/directory/dex-international-limited-ff2b0c01c725)
- [Euronet Payment Services Ltd · trading as Ria Money Transfer, Ria No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 504630 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/euronet-payment-services-ltd-6f4dec33a392)
- [Instinet Europe Limited BIC ISNTGB2L Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 140822 (FCA-PSD) · LEI 213800MXAKR2LA1VBM44](https://elucidate.co/directory/instinet-europe-limited-isntgb2l)
- [Isx Financial UK LTD BIC ISFIGB22 Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 901034 (FCA-EMI) · LEI 2138007BDV9IRS8AYD07](https://elucidate.co/directory/isx-financial-uk-ltd-isfigb22)
- [Western Union Payment Services GB Limited · trading as Manning House, WU No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 816890 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/western-union-payment-services-gb-limited-0741de977896)
- [A to Z 4U Ltd · trading as SAAK REMIT, Saakpay No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 570837 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/a-to-z-4u-ltd-25c2ca0fa3b5)
- [Allied Wallet Limited No BIC Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 900124 (FCA-EMI) · also on FCA-PSD · LEI 213800HO66BDXP716G24](https://elucidate.co/directory/allied-wallet-limited-8983cc2e32eb)
[See all →](https://elucidate.co/directory/search?type=payments&cc=GB)
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.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
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 →](https://elucidate.co/directory/methodology)
Credits for this page
- **FCA Financial Services Register - Payment Institutions & RAISPs**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) as at 25 September 2026
- **Persons with significant control**—Companies House · [source ↗](https://download.companieshouse.gov.uk/en_pscdata.html) 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.
- **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](https://segpay.com/) (official website) · [original](https://segpay.com/wp-content/uploads/elementor/thumbs/segpay-logo-tagline-white-qir00mhoq6ofnbysv3knjahn6yl65g9zaz9m9u9vtc.png); Stanley Skoglund: [segpay.com](https://segpay.com/team/) (official website) · [original](https://segpay.com/wp-content/uploads/2023/08/Stanley-Skoglund.jpg); David Gough: [segpay.com](https://segpay.com/team/) (official website) · [original](https://segpay.com/wp-content/uploads/2023/08/David-H-Headshot-e1701196352430.jpg).
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.