United Kingdom · Payments & e-money
Volopa Financial Services (Scotland) LTD
Legal name in the LEI recordVOLOPA FINANCIAL SERVICES (SCOTLAND) LIMITED
Volopa Financial Services (Scotland) Limited trades as Volopa. It is a private limited company registered in Scotland and managed from London, and the FCA authorises it as a payment institution (FRN 554549). According to its website, Currencycloud companies provide its payment and e-money services, and Moorwand Ltd issues its prepaid Mastercard cards. It belongs to the Quantum Financial Holdings Limited group and sells multicurrency prepaid cards, expense management, international payments and FX forwards to businesses.
Licences and registrations
Held by Volopa Financial Services (Scotland) Limited (LEI 894500OCVNT0HQPFV195). 1 entry 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 | 554549 | United Kingdom | Active | 2018-07-03 | — |
|
Search the register ↗ |
Trading names on the register: Volopa (FCA-PSD), Oya (FCA-PSD), easyWallett (FCA-PSD), easyBusiness (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
- VFSCGB22XXX 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 VFSCGB22 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
- 2022-09-03
- Last updated
- 2022-09-03
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Volopa Group Limited
Firm type
FX and business payments
Trades as Volopa
- Standing
- The auditor's report on the accounts for the year to 31 March 2025 draws attention to a material uncertainty about the firm's ability to continue as a going concern. According to those accounts, the firm relies on financial support from its ultimate parent, Quantum Financial Holdings Limited.
- Ownership
- Volopa Group Limited holds 75% or more of the shares and voting rights, and Quantum Financial Holdings Limited is the ultimate parent.
- Direct parent
- Volopa Group Limited, United Kingdom
- Ultimate owner
- Quantum Financial Holdings Limited, United Kingdom
- Head office
- 15 Belgrave Square, SW1X 8PS London, United Kingdom (registered office: Maclay Murray & Spens LLP, 1 George Square, Glasgow, G2 1AL)
- Company register
- Companies House SC399401
- Incorporated
- 12 May 2011
- Former name
- PLATINUM PAYMENT SERVICES LTD
Online
- Websites & references
- volopa.com ↗
mybusiness.volopa.com ↗ business client login - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 14 pages consulted
- volopa.com/
- volopa.com/terms-and-conditions/
- volopa.com/wp-content/uploads/2025/05/250528-Volopa-FX-and-Payment-Terms-and-Conditions.pdf
- volopa.com/volopa-team/
- volopa.com/contact/
- find-and-update.company-information.service.gov.uk/company/SC399401
- find-and-update.company-information.service.gov.uk/company/SC399401/officers
- find-and-update.company-information.service.gov.uk/company/SC399401/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/SC399401/filing-history
- find-and-update.company-information.service.gov.uk/company/SC399401/filing-history/MzU0NTQ4ODA5NWFkaXF6a2N4/document?format=pdf&download=0
- volopa.com/james-radford-joins-volopa-as-ceo/
- clear.bank/learn/news/volopa-announces-partnership-with-clearbank
- finextra.com/newsarticle/45527/former-revolut-uk-ceo-james-radford-takes-over-the-reins-at-volopa
- quantumgroup.uk/companies/volopa
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- The Currency Cloud Limited, United Kingdom provides payment and e-money services (non-MiFID products) to Volopa clients in the UK and rest of the world
The FCA authorises the firm as a payment institution under the Payment Services Regulations 2017. According to its website, The Currency Cloud Limited and CurrencyCloud B.V. provide e-money and payment services to its clients, and Moorwand Ltd issues its cards.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 554549 | In its own name | Active | volopa.com ↗ |
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 payment terms, the firm holds client funds for payments in segregated bank accounts, separate from its business accounts, and an insurance policy may also cover them.
- Card issuer
- Moorwand Ltd United Kingdom
- Payment schemes and card networks
- Mastercard Through a partner volopa.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
It sells multicurrency prepaid Mastercard cards and a company wallet in 14 currencies, with expense management tools. It also offers international payments to 180 countries, collections, mass payments and FX forward contracts.
It serves clients from the UK. According to its website, CurrencyCloud B.V. provides payment services to its clients in the European Economic Area.
- Revenue
- GBP 994,832
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- James Radford CEO
- Chief financial officer
- Steven Strauss Group CFO; Director
- Executive
- Floyd Matthew Woodrow Director
- Executive
- Graham Roger Smith Director
- Executive
- Shahnawaz Aziz Group CTO
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm filed accounts for the year to 31 March 2025. The auditor's report drew attention to a material uncertainty about going concern.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm registered a charge (SC3994010001), created on 27 August 2026, at Companies House.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Steven Paul Newman resigned as a director on 13 August 2026. The firm's team page lists him as Head of Compliance.
find-and-update.company-information.service.gov.uk ↗ -
Other
Volopa Holdings Limited ceased to be a person with significant control on 5 May 2026. Volopa Group Limited remains the controlling shareholder.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The firm issued 4,008 ordinary shares for GBP 3,442,700 in the year to 31 March 2025.
find-and-update.company-information.service.gov.uk ↗ -
Other
The firm announced a partnership with ClearBank as part of its application to the FCA for an electronic money licence.
clear.bank ↗
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
- VFSCGB22XXX
- How the BIC breaks down
- VFSCBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 894500OCVNT0HQPFV195
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 554549
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- cd135f55106b
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
- 1 entry on 1 register
- Activities
- Payment services
- Licensed in
- United Kingdom
- Website (register)
- www.volopa.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
- Direct parent
- Quantum Financial Holdings Limited · United Kingdom213800CJBHLGLH9NHT07 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 25 WILTON ROAD 25 LONDON SW1V 1LW UNITED KINGDOM
- Operational address
- 25 WILTON ROAD 25 LONDON LONDON SW1V 1LW 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>VFSCGB22XXX</BICFI>
<LEI>894500OCVNT0HQPFV195</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>VFSCGB22XXX</BICFI>
<LEI>894500OCVNT0HQPFV195</LEI>
<Nm>VOLOPA FINANCIAL SERVICES (SCOTLAND) LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>25 WILTON ROAD 25 LONDON SW1V 1LW</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.
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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 - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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: volopa.com (official website) · original.
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