United Kingdom · Payments & e-money
Ziglu Limited
Ziglu Limited is a private limited company incorporated in England and Wales and based in London. The Financial Conduct Authority (FCA) authorises it as an electronic money institution (FRN 900977). The FCA also registers it as a crypto-asset firm under the Money Laundering Regulations. No shareholder holds a controlling stake. Through the Ziglu app, it offered UK and Gibraltar residents crypto-asset trading, a yield product called Boost, a Mastercard debit card, payments and foreign exchange. It entered special administration on 7 July 2025 and has stopped trading.
Licences and registrations
Held by Ziglu Limited (LEI 984500FVAE852DH46N74). 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 - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900977 | United Kingdom | Active | 2020-09-01 | — |
|
Search the register ↗ |
Trading names on the register: Ziglu (FCA-EMI)
- 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
- ZIGLGB22XXX 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 ZIGLGB22 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
- 2021-09-04
- Last updated
- 2021-09-04
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
Firm type
Crypto exchange or broker
Trades as Ziglu
- Standing · In liquidation or dissolved
- Ziglu has been in special administration since 7 July 2025. David Shambrook and Damian Webb of RSM UK Restructuring Advisory LLP are the joint special administrators. The FCA restricted its Boost products on 23 May 2025. In June 2025 the firm gave the FCA a voluntary undertaking to stop issuing e-money, providing payment services and carrying on crypto-asset activities. All customer accounts are frozen. The FCA register still shows the firm as authorised.
- Ownership
- The firm has no controlling shareholder: Kalyxa Holdings Limited holds 17.88%, Mark Hipperson holds 14.55% and 257 other shareholders each hold less than 5%.
- Major shareholders
- Kalyxa Holdings Limited 17.88% · 6 Jul 2026
Mark Hipperson 14.55% · 6 Jul 2026 - Head office
- 1 Poultry, EC2R 8EJ London, United Kingdom (registered office: C/O RSM UK Restructuring Advisory LLP, 25 Farringdon Street, London, EC4A 4AB, United Kingdom)
- Company register
- Companies House 09204810
- Incorporated
- 5 Sep 2014
- Founder
- Mark Hipperson
- Former name
- Livecon Services Limited
Online
- Websites & references
- ziglu.io ↗
help.ziglu.io ↗ help centre - Official social accounts
- None found
Sources · 14 pages consulted
- register.fca.org.uk/s/firm?id=0010X00004T5kuzQAB
- fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration
- find-and-update.company-information.service.gov.uk/company/09204810
- find-and-update.company-information.service.gov.uk/company/09204810/officers
- find-and-update.company-information.service.gov.uk/company/09204810/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/09204810/filing-history
- find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0
- find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0
- ziglu.io/
- ziglu.io/regulations
- ziglu.io/customer-terms
- ziglu.io/ziglu-limited_joint-special-administrators-faqs.pdf
- compliancecorylated.com/news/ex-starling-founder%CA%BCs-ziglu-enters-special-administration/
- financemagnates.com/executives/ziglus-founder-resigns-after-aquisition-deal-with-robinhood-fails/
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. It is also registered with the FCA as a crypto-asset firm under the Money Laundering Regulations. Its crypto-asset services, including Boost, were not regulated by the FCA.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900977 | In its own name | Active | register.fca.org.uk ↗ |
| Financial Conduct Authority United Kingdom | Cryptoasset firm registered under the Money Laundering Regulations | — | In its own name | Status unconfirmed | ziglu.io ↗ |
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 accountsThe firm states that customers' fiat e-money was held in a segregated safeguarding account at an authorised credit institution, separate from its own funds, and was not covered by the Financial Services Compensation Scheme.
- Crypto-asset custody
- Held by a third-party custodianZiglu held customers' crypto-assets on a pooled basis in a bare trust with custodial partners. Legal ownership of assets placed in Boost passed to Ziglu, which the special administrators treat as an unsecured claim.
- Crypto custodian
- CB Payments Ltd (Coinbase) United Kingdom
- Payment schemes and card networks
- Mastercard Direct find-and-update.company-information.service.gov.uk ↗
Faster Payments Access not stated ziglu.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
Until June 2025, the Ziglu app offered crypto-asset trading, the Boost crypto-asset yield product, a Mastercard debit card, GBP payments and GBP/EUR/USD exchange. All services have since stopped.
Ziglu Limited served adult residents of the United Kingdom and Gibraltar. EEA customers contracted with Ziglu EEA UAB, a separate Lithuanian entity.
- Revenue
- GBP 104,231
- Sells to
- Consumers
- Serves customers in 2 countries
- United Kingdom · Gibraltar
Leadership
Researched 29 Sep 2026 · Sources
- Founder
- Mark Hipperson Director (founder)
- Executive
- John Humpish Director
- Executive
- Patrick Martin Director, through European Media Finance Ltd
- Executive
- David Shambrook Joint Special Administrator (RSM UK Restructuring Advisory LLP)
- Executive
- Damian Webb Joint Special Administrator (RSM UK Restructuring Advisory LLP)
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Other
The FCA consented to the special administrators liquidating the crypto-assets held in Boost accounts.
find-and-update.company-information.service.gov.uk ↗ -
Other
HMRC withdrew Enterprise Investment Scheme relief for all share issues made by the firm between 2019 and 2024.
find-and-update.company-information.service.gov.uk ↗ -
Other
The High Court made a special administration order on 7 July 2025 and appointed two joint special administrators from RSM UK Restructuring Advisory LLP.
fca.org.uk ↗ -
Enforcement
The firm agreed with the FCA to stop its payment and crypto-asset activities, and its directors applied for special administration on 26 June 2025.
fca.org.uk ↗ -
Enforcement
The FCA placed restrictions on the firm in relation to particular products on 23 May 2025.
fca.org.uk ↗ -
Leadership
European Media Finance Ltd was appointed a director and Michael Basi resigned as a director on 17 January 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
John Humpish and Michael Basi were appointed directors of the firm on 23 July 2024.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The firm replaced two GBP 5 million share subscription agreements with Robinhood Markets, Inc. with a GBP 10 million share warrant agreement.
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
- ZIGLGB22XXX
- How the BIC breaks down
- ZIGLBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500FVAE852DH46N74
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900977
- 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
- d26892d1d481
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
- E-money / stored value
- Licensed in
- United Kingdom
- 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
The Ziglu Limited group has 2 institutions in the directory, in 2 countries: all hold a BIC.
Including Ziglu Europe Aps.
See the Ziglu Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 1 POULTRY LONDON EC2R 8EN UNITED KINGDOM
- Operational address
- 1 POULTRY LONDON LONDON EC2R 8EN 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>ZIGLGB22XXX</BICFI>
<LEI>984500FVAE852DH46N74</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>ZIGLGB22XXX</BICFI>
<LEI>984500FVAE852DH46N74</LEI>
<Nm>ZIGLU LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>1 POULTRY LONDON EC2R 8EN</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 - E-Money Institutions—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.
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