United Kingdom · Payments & e-money
Vitesse Psp Limited
Vitesse PSP Limited is a private limited company registered in England and Wales, with its registered office in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, reference 900646. Vitesse Holdings Ltd has held 75% or more of its shares since 30 September 2024. Its accounts state that it has no single ultimate controlling party. Under the Vitesse brand it offers e-money accounts, safeguarding of claim and premium funds, and domestic and cross-border payments to insurers, managing general agents (MGAs), third-party administrators (TPAs) and brokers.
Licences and registrations
Held by Vitesse Psp Limited (LEI 894500PVDOV8JOKWHE19). 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 | 900646 | United Kingdom | Active | 2018-04-16 | — |
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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 | 615642 | United Kingdom | Cancelled - Authorised PI | — | Ended 2016-11-01 |
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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
- VTSSGB2LXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under VTSSGB2L directly.
- Swift GPI
- Member, not yet live
- Payment schemes and systems
- SCT · SCT Inst · SDD Core
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2016-05-28
- Last updated
- 2024-08-08
Overview
Researched 29 Sep 2026 · Sources
Ownership
Venture-backed
Vitesse Holdings Ltd
Firm type
FX and business payments
Trades as Vitesse
- Ownership
- Vitesse Holdings Ltd (Companies House 15658466) holds 75% or more of the firm's shares and voting rights. The firm's accounts state that there is no single ultimate controlling party.
- Direct parent
- Vitesse Holdings Ltd, United Kingdom
- Head office
- 20 Midtown, 2-28 Procter Street, WC1V 6NX London, United Kingdom (registered office: 9th Floor, 107 Cheapside, London, United Kingdom, EC2V 6DN)
- Company register
- Companies House 08461258
- Incorporated
- 25 Mar 2013
- Founders
- Phillip McGriskin · Paul Townsend
Online
- Websites & references
- vitesse.io ↗
merchant.vitessepsp.com ↗ UK client portal (UK Hub) for accounts held with Vitesse PSP Ltd
docs.vitessepsp.com ↗ knowledge hub: user guides and API documentation
support.vitesse.io ↗ customer support centre - Official social accounts
- LinkedIn ↗
Sources · 13 pages consulted
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx
- find-and-update.company-information.service.gov.uk/company/08461258
- find-and-update.company-information.service.gov.uk/company/08461258/officers
- find-and-update.company-information.service.gov.uk/company/08461258/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/08461258/filing-history
- find-and-update.company-information.service.gov.uk/company/08461258/filing-history/MzQ5NTk5ODMxOWFkaXF6a2N4/document?format=pdf&download=0
- vitesse.io/about
- vitesse.io/trust-centre
- vitesse.io/terms-of-service
- vitesse.io/news/vitesse-raises-93m-in-series-c-funding-led-by-kkr-to-propel-us-expansion-and-product
- vitesse.io/press/vitesse-strengthens-us-commercial-team-shareen-minor-cro-north-america
- finance.yahoo.com/sectors/technology/articles/vitesse-names-richard-reggel-chief-070000348.html
- register.fca.org.uk/s/firm?id=001b000000OHKOMAA5
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, reference 900646. Group services in the EU and the US are provided by sister companies: Vitesse PSP B.V., a payment institution authorised by De Nederlandsche Bank, and Vitesse Trust Company, LLC, chartered by the New York State Department of Financial Services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900646 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Authorised Payment Institution (Cancelled - Authorised PI) | 615642 | In its own name | Withdrawn or expired | register.fca.org.uk ↗ |
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 2025 accounts, the firm holds customers' e-money funds in segregated bank accounts under its safeguarding policy, and it also administers client-named trust bank accounts that are kept off its balance sheet.
- Payment schemes and card networks
- Swift Direct vitesse.io ↗
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
It provides the insurance market with segregated virtual accounts for claim and premium funds, claims payouts by bank transfer, cheque and e-cheque, and the Faster Claims Payment service run with Lloyd's and LIMOSS.
It serves clients mainly in the United Kingdom under its FCA authorisation, and its 2025 accounts also report revenue from the rest of Europe and the rest of the world.
- Revenue
- GBP 32.8m
- Payment volume
- GBP 4.1bnclaims payments facilitated
- Sells to
- Enterprises · Financial institutions
- Serves customers in
- United Kingdom
- Latest funding round
- Series C · USD 93m May 2024Led by KKR
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Phillip McGriskin Co-founder and CEO; Director
- Founder
- Paul Townsend Co-founder; Director
- Executive
- Andrew Paul Gregson Director
- Executive
- Mark Edward O'Brien Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The Vitesse group appointed Richard Reggel, formerly of Verisk, as Chief Commercial Officer for Europe.
finance.yahoo.com ↗ -
Merger / acquisition
The firm reduced its share capital and transferred its US, Dutch and Canadian subsidiaries to Vitesse Holdings Ltd at book value.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Andrew Gregson and Mark O'Brien became directors of the firm, and Thijs Emondts stepped down as a director.
find-and-update.company-information.service.gov.uk ↗ -
Licence
The New York State Department of Financial Services approved Vitesse Trust Company, LLC, then an indirect subsidiary of the firm, as a limited purpose trust company.
vitesse.io ↗ -
Merger / acquisition
Vitesse Holdings Ltd became the firm's parent on 30 September 2024, with 75% or more of its shares and voting rights.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
Vitesse PSP Inc., the firm's subsidiary, acquired Vitesse Trust Company for a total of USD 7.37 million.
find-and-update.company-information.service.gov.uk ↗ -
Funding
KKR led a USD 93 million Series C round in Vitesse, and existing investors including Hannover Digital Investments took part.
vitesse.io ↗
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
- VTSSGB2LXXX
- How the BIC breaks down
- VTSSBank
- GBCountry · United Kingdom
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 894500PVDOV8JOKWHE19
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900646
- Licence no. · FCA-PSD
- 615642
- 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
- 0df5a23f26d4
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.vitesse.io ↗
- 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
- 110 HIGH HOLBORN FLOOR 7 LONDON WC1V 6JS UNITED KINGDOM
- Operational address
- 20 MIDTOWN FLOOR 5 2-8 PROCTER STREET LONDON LONDON WC1V6NX 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>VTSSGB2LXXX</BICFI>
<LEI>894500PVDOV8JOKWHE19</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>VTSSGB2LXXX</BICFI>
<LEI>894500PVDOV8JOKWHE19</LEI>
<Nm>VITESSE PSP LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>110 HIGH HOLBORN FLOOR 7 LONDON WC1V 6JS</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.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2018-01-02 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2019-06-04 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2018-01-02 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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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
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- 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: vitesse.io (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.
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