Paymaster 1836 Ltd (Equinity)

Paymaster 1836 Ltd Logo
Current Status
closed down
payment processing technology

Paymaster 1836 Ltd (United Kingdom) was an electronic money institution authorized and regulated by the Financial Conduct Authority. Paymaster 1836 was focused on payment processing technology. In 2022 Paymaster 1836 Ltd had total assets of 234.70 mln GBP, and generated net income of 0.00 GBP. Paymaster 1836 Ltd is doing business as Equinity.


Company Profile Content


Paymaster 1836 Crypto Assets Support

Paymaster 1836 is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.

FCA Registration

No

From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.

Paymaster 1836 Ltd is not registered with the FCA as a crypro asset firm.

Crypto Assets Services

No

Paymaster 1836 do not offer crypto assets services.

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Financial Highlights

Paymaster 1836 Ltd Total Assets
Paymaster 1836 Ltd Net Income
mln GBP20212022change (%)
Total Assets237.60234.70-1.22%
Revenue66.5074.70+12.33%
Net Income-10.400.00

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Market Share

Paymaster 1836 Ltd Competitors
Paymaster 1836 Ltd Market Share
RankNameMarket %Total Assets
24 (-14 ) Clear Junction Ltd0.72 %265.06 mln EUR   (-64.13%)
25 (-3 ) Paymaster 1836 Ltd0.72 %234.70 mln GBP   (-1.22%)
26 (+22 ) Squareup Europe Ltd0.69 %222.31 mln GBP   (+391.00%)

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Company Details

Country of Registration
GBUnited Kingdom
Company Number
03249700
BIC
PYYSGB21
Authorized By
Financial Conduct Authority
Authorization Type
E-Money Institution
Reference Number
900860
Authorization Granted
12 July 2018
Authorization Revoked
7 April 2020
Authorized Activities
issuance of electronic money
placing cash to a payment account
withdrawing cash from a payment account
execution of payment transactions on a payment account (not covered by a credit line)
execution of payment transactions on a payment account (using a credit line)
issuing payment instruments or acquiring payment transactions
money remittance
execution of payment transactions via telecoms, IT system or network operator
account information services
payment initiation services

Paymaster 1836 Ltd is authorized by the Financial Conduct Authority as a e-money institution (reference number 900860) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 12 July 2018 and revoked on 7 April 2020.

Funds Safeguarding
Yes
Deposit Guarantee
No

Paymaster 1836 Ltd is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Paymaster 1836 is required to safeguard its customers’ money.

EEA Passport
No

Since January 2021, Paymaster 1836 Ltd can not conduct its activities in EEA member states.

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Membership

SWIFT

Paymaster 1836 Ltd is a SWIFT member.

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Contacts

addressSutherland House Russell Way, RH10 1UH, London, United Kingdom
phone(44) 01293560999
websiteequiniti.com/services/eq-paymaster
Website Languages
GBEnglish

Social Networks

Paymaster 1836 has profiles on the following social networks:

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