Incorporated in the United Kingdom, Simplepay London Ltd is authorized and regulated by the Financial Conduct Authority.
Simplepay London do not conduct operations with cryptocurrencies.
Simplepay London Ltd is authorized by the Financial Conduct Authority (reference number 902044) for issuance of electronic money, refund 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 1 April 2019.
Due to EEA passport rules Simplepay London Ltd, can conduct its activities in any of the 31 EEA member states. Simplepay London Ltd do not participate in deposit guarantee schemes.