United Kingdom · Payments & e-money
Sunrate Partners UK Limited
Sunrate Partners UK Limited is a private limited company registered in England and Wales with its office in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, with firm reference number 900942. According to its 2024 accounts, its immediate parent is Sunrate Global Pte. Ltd. of Singapore and its ultimate parent is Sunrate Holdings Limited of the Cayman Islands. It is the UK entity of the Sunrate group, which describes itself as a global payment and treasury management platform for businesses.
Licences and registrations
Held by Sunrate Partners UK Limited (LEI 2138009W7VFCTUTYZG32). 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 InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900942 | United Kingdom | Active | 2019-09-06 | — |
|
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| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 770067 | United Kingdom | Cancelled - Authorised PI | — | Ended 2019-09-06 |
|
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- 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
- SUPTGB21XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of SUPTGB21 marks a passive participant.
- 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
- 2019-04-06
- Last updated
- 2019-04-06
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Sunrate Global Pte. Ltd.
Firm type
FX and business payments
Trades as Sunrate
- Ownership
- According to its 2024 accounts, Sunrate Global Pte. Ltd. of Singapore is the immediate parent and Sunrate Holdings Limited of the Cayman Islands is the ultimate parent. Companies House records Po Meng as holding more than 25% but not more than 50% of the shares and voting rights, and Han Bao as having significant influence or control.
- Direct parent
- Sunrate Global Pte. Ltd., Singapore
- Ultimate owner
- Sunrate Holdings Limited, Cayman Islands
- Major shareholder
- Po Meng
- Head office
- 25 Wilton Road, Victoria, SW1W 1LW London, United Kingdom
- Company register
- Companies House 10449216
- Incorporated
- 27 Oct 2016
- Founder
- Paul Meng
Online
- Websites & references
- sunrate.com ↗
help.sunrate.com ↗ help centre (group)
pro.sunrate.com ↗ client log-in portal (group) - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗
Sources · 15 pages consulted
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx
- find-and-update.company-information.service.gov.uk/company/10449216
- find-and-update.company-information.service.gov.uk/company/10449216/officers
- find-and-update.company-information.service.gov.uk/company/10449216/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/10449216/filing-history
- find-and-update.company-information.service.gov.uk/company/10449216/filing-history/MzQ5NjU4ODM1OWFkaXF6a2N4/document?format=pdf&download=0
- sunrate.com/regulatory-information/
- sunrate.com/regulatory-information/sunrate-solutions-limited-7/
- sunrate.com/
- sunrate.com/about-us/
- sunrate.com/user-terms-and-policies/
- sunrate.com/newsroom/sunrate-closes-series-d-2-funding-round-led-by-sequoia-capital-southeast-asia-no
- sunrate.com/newsroom/sunrate-closes-series-d-1-with-prosperity7-as-lead-investor/
- sunrate.com/newsroom/
- sg.linkedin.com/company/sunrate
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 (firm reference number 900942). It was previously an FCA authorised payment institution (reference 770067), a status that was cancelled on 6 September 2019.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900942 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Authorised Payment Institution (Cancelled - Authorised PI) | 770067 | 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 accountsAccording to its 2024 accounts, the firm holds client funds in segregated accounts with authorised credit institutions under its safeguarding policy.
- Payment schemes and card networks
- Visa Access not stated sunrate.com ↗
Mastercard Access not stated sunrate.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
The Sunrate group sells cross-border business payments, collection accounts, commercial cards, acquiring and FX services. It does not say which of these the UK entity provides.
The firm serves customers from London under its UK licence. The Sunrate group states that it reaches more than 190 countries and regions through its entities.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in
- United Kingdom
- Latest funding round
- Series D-2 Jul 2023Led by Sequoia Capital Southeast Asia (Peak XV Partners)
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Po Meng Director
- Executive
- Han Bao Director
- Executive
- Nianci Su Director
- Executive
- Runsen Liu Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The firm appointed Runsen Liu as a director on 1 December 2025.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm moved its registered office to 25 Wilton Road, Victoria, London on 17 April 2025.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The Sunrate group closed a Series D-2 round led by Peak XV Partners, with Prosperity7 Ventures and SoftBank Ventures Asia contributing.
sunrate.com ↗ -
Funding
The Sunrate group closed a Series D-1 round led by Prosperity7 Ventures, with SoftBank Ventures Asia also investing.
sunrate.com ↗
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
- SUPTGB21XXX
- How the BIC breaks down
- SUPTBank
- GBCountry · United Kingdom
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2138009W7VFCTUTYZG32
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900942
- Licence no. · FCA-PSD
- 770067
- 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
- a08aca3383f7
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 2 registers
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom
- Website (register)
- www.sunrate.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
- 2 EASTBOURNE TERRACE LONDON UNITED KINGDOM
- Operational address
- 2 EASTBOURNE TERRACE LONDON LONDON 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+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SUPTGB21XXX</BICFI>
<LEI>2138009W7VFCTUTYZG32</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>SUPTGB21XXX</BICFI>
<LEI>2138009W7VFCTUTYZG32</LEI>
<Nm>SUNRATE PARTNERS UK LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>2 EASTBOURNE TERRACE LONDON</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
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
- 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: sunrate.com (official website) · original.
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