Push Labs Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority.
Push Labs is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.
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.
Push Labs Limited is not registered with the FCA as a crypro asset firm.
Push Labs do not offer crypto assets services.
GBP | 2022 | 2023 | change (%) |
---|---|---|---|
Total Assets | 4,087,321.00 | 4,238,735.00 | +3.70% |
Turnover | 4,440,908.00 | 3,285.00 | -99.93% |
Gross Profit | 1,927,589.00 | 641,014.00 | -66.75% |
Net Income | -1,632,870.00 | -3,783,143.00 | +131.69% |
Rank | Name | Market % | Total Assets |
---|---|---|---|
112 () | Frontier Global Consultants Ltd | 0.01 % | 4.18 mln GBP (+30.87%) |
113 (+15) | Push Labs Limited | 0.01 % | 4.09 mln GBP (+109.43%) |
114 (-6) | Transactive Systems Ltd | 0.01 % | 3.92 mln GBP (-4.54%) |
Push Labs Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900984) for issuance of electronic money, distribution and redemption 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; the authorization was granted on 7 July 2020.
Push Labs Limited 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, Push Labs is required to safeguard its customers’ money.
Since January 2021, Push Labs Limited can not conduct its activities in EEA member states.
Push Labs Limited is a SWIFT member.