--- title: "Ziglu Limited SWIFT/BIC code ZIGLGB22XXX · United Kingdom | Elucidate" description: "Licensed in the United Kingdom: Authorised E-Money Institution (FCA). SWIFT/BIC code ZIGLGB22XXX for Ziglu Limited, United Kingdom. Head-office BIC." url: https://elucidate.co/directory/ziglu-limited-ziglgb22 --- 1. [Directory](https://elucidate.co/directory) 2. [United Kingdom](https://elucidate.co/directory/country/gb) 3. Ziglu Limited 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. Register status Licensed in the United Kingdom Authorised E-Money Institution · FCA Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/ziglu-limited-ziglgb22#licences) BIC **ZIGLGB22XXX** LEI **[984500FVAE852DH46N74](https://search.gleif.org/#/record/984500FVAE852DH46N74)** [Licence no. **900977**](https://elucidate.co/directory/ziglu-limited-ziglgb22#licences) [In liquidation or dissolved](https://elucidate.co/directory/ziglu-limited-ziglgb22#overview) Reverse billing Head-office BIC only [Group: Ziglu Limited](https://elucidate.co/directory/group/984500FVAE852DH46N74) [Claim this profile](https://elucidate.co/directory/ziglu-limited-ziglgb22#claim) ## 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 Institutions](https://elucidate.co/directory/register/fca-emi) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900977 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2020-09-01 | — | - Payment services - E-money / stored value | [Search the register ↗](https://register.fca.org.uk/s/) | 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 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](https://elucidate.co/directory/ziglu-limited-ziglgb22#overview-sources) Customers Not published Employees 27 headcount · Group · 31 Dec 2023 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0) 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 ↗](https://www.ziglu.io/) [help.ziglu.io ↗](https://help.ziglu.io/) help centre - **Official social accounts:** None found Sources · 14 pages consulted 1. [register.fca.org.uk/s/firm?id=0010X00004T5kuzQAB](https://register.fca.org.uk/s/firm?id=0010X00004T5kuzQAB) 2. [fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration](https://www.fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration) 3. [find-and-update.company-information.service.gov.uk/company/09204810](https://find-and-update.company-information.service.gov.uk/company/09204810) 4. [find-and-update.company-information.service.gov.uk/company/09204810/officers](https://find-and-update.company-information.service.gov.uk/company/09204810/officers) 5. [find-and-update.company-information.service.gov.uk/company/09204810/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/09204810/persons-with-significant-control) 6. [find-and-update.company-information.service.gov.uk/company/09204810/filing-history](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history) 7. [find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) 8. [find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0) 9. [ziglu.io/](https://www.ziglu.io/) 10. [ziglu.io/regulations](https://www.ziglu.io/regulations) 11. [ziglu.io/customer-terms](https://www.ziglu.io/customer-terms) 12. [ziglu.io/ziglu-limited\_joint-special-administrators-faqs.pdf](https://www.ziglu.io/ziglu-limited_joint-special-administrators-faqs.pdf) 13. [compliancecorylated.com/news/ex-starling-founder%CA%BCs-ziglu-enters-special-administration/](https://www.compliancecorylated.com/news/ex-starling-founder%CA%BCs-ziglu-enters-special-administration/) 14. [financemagnates.com/executives/ziglus-founder-resigns-after-aquisition-deal-with-robinhood-fails/](https://www.financemagnates.com/executives/ziglus-founder-resigns-after-aquisition-deal-with-robinhood-fails/) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/ziglu-limited-ziglgb22#overview-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 ↗](https://register.fca.org.uk/s/firm?id=0010X00004T5kuzQAB) | | Financial Conduct Authority United Kingdom | Cryptoasset firm registered under the Money Laundering Regulations | — | In its own name | Status unconfirmed | [ziglu.io ↗](https://www.ziglu.io/regulations) | 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/ziglu-limited-ziglgb22#overview-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. [ziglu.io ↗](https://www.ziglu.io/customer-terms) - **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. [ziglu.io ↗](https://www.ziglu.io/customer-terms) - **Crypto custodian:** CB Payments Ltd (Coinbase) United Kingdom [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) - **Payment schemes and card networks:** Mastercard Direct [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0) Faster Payments Access not stated [ziglu.io ↗](https://www.ziglu.io/customer-terms) 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/ziglu-limited-ziglgb22#overview-sources) - Crypto trading - Crypto custody - E-money wallet - Debit cards - Domestic payments - FX conversion 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 104,231Group · 31 Dec 2023 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0) - **Sells to:** Consumers - **Serves customers in 2 countries:** United Kingdom · Gibraltar ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/ziglu-limited-ziglgb22#overview-sources) - **Founder:** Mark Hipperson Director (founder) Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/officers) - **Executive:** John Humpish Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/officers) - **Executive:** Patrick Martin Director, through European Media Finance Ltd Confirmed 5 Aug 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) - **Executive:** David Shambrook Joint Special Administrator (RSM UK Restructuring Advisory LLP) Confirmed 5 Aug 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) - **Executive:** Damian Webb Joint Special Administrator (RSM UK Restructuring Advisory LLP) Confirmed 5 Aug 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) ## Recent events 2 enforcement or investigation items Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/ziglu-limited-ziglgb22#overview-sources) 1. May 2026 Other The FCA consented to the special administrators liquidating the crypto-assets held in Boost accounts. [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) 2. Feb 2026 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 ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzUzNzIyOTQ2MWFkaXF6a2N4/document?format=pdf&download=0) 3. Jul 2025 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 ↗](https://www.fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration) 4. Jun 2025 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 ↗](https://www.fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration) 5. May 2025 Enforcement The FCA placed restrictions on the firm in relation to particular products on 23 May 2025. [fca.org.uk ↗](https://www.fca.org.uk/news/news-stories/ziglu-limited-enters-special-administration) 6. Jan 2025 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 ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/officers) 7. Jul 2024 Leadership John Humpish and Michael Basi were appointed directors of the firm on 23 July 2024. [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/officers) 8. Jan 2024 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 ↗](https://find-and-update.company-information.service.gov.uk/company/09204810/filing-history/MzQzODU2Mzk2OGFkaXF6a2N4/document?format=pdf&download=0) 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:** 1. ZIGL Bank 2. GB Country · United Kingdom 3. 22 Location · reverse billing 4. XXX Branch · head office - **Branch description:** Not recorded in the directory - **LEI:** 984500FVAE852DH46N74 - **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/984500FVAE852DH46N74) - **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-money - **Regulation:** Prudential licence - **Register licences:** [1 entry on 1 register](https://elucidate.co/directory/ziglu-limited-ziglgb22#licences) - **Activities:** - Payment services - E-money / stored value - **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb) - **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](https://elucidate.co/directory/ziglu-europe-aps-zigedkk2). [See the Ziglu Limited group →](https://elucidate.co/directory/group/984500FVAE852DH46N74) 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 ```xml ZIGLGB22XXX 984500FVAE852DH46N74 ``` ### 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 ZIGLGB22XXX 984500FVAE852DH46N74 ZIGLU LIMITED LONDON GB 1 POULTRY LONDON EC2R 8EN ``` 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 ### Subsidiaries in the directory - [Ziglu Europe Aps BIC ZIGEDKK2 Payments & e-money Not on a tracked register Denmark · Registered with Danish Financial Supervisory Authority · 41950080 (EBA-PSD2) · LEI 549300BJNJQG8YAMRR58](https://elucidate.co/directory/ziglu-europe-aps-zigedkk2) Entities that GLEIF records with this LEI as their direct parent. ### 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 Ziglu 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 - E-Money Institutions**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) 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. ## Assess the financial crime risk behind a BIC A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence. [Book a demo](https://elucidate.co/demo-request) 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.