providing payment platform for businesses SMARTFLOW PAYMENTS LIMITED (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. SMARTFLOW PAYMENTS is focused on providing payment platform for businesses. The company offers e-wallet accounts, virtual accounts with IBAN, domestic payments, international payments, FX conversion to legal entities. In 2022 SMARTFLOW PAYMENTS LIMITED had total assets of 866,940.00 EUR, and generated net income of -70,310.00 EUR. During 2022 the company had 0 employees in average. SMARTFLOW PAYMENTS LIMITED is doing business as SENDS.
Personal and business account, that you love
Make money transfers through SEPA and UK Local Payments
Accept online payments directly to your IBAN in our ecosystem
Make direct payouts to IBAN and cards from your account
Control and analyze all transactions in a dashboard
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, SMARTFLOW PAYMENTS LIMITED is assigned the overall rating 2.57 (poor) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Focused | (2.29) |
| Market Niche | Narrow | (2.11) |
| Company Background | Strong | (3.63) |
| Customer Support | Average | (2.67) |
| Customer Sentiment | n/a | |
| Transparency | Low | (1.85) |
| Overall Rating | Poor | (2.57) |
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TheBanks.eu has also identified the following pros and cons of the company:
ELPASO Business Account is a single-currency account, allowing the account holder to have funds in EUR only.
EUR (Euro)Payment cards are not offered together with ELPASO Business Account.
ELPASO Business Account is offered to all countries.
ELPASO Business Account is offered with a single pricing plan for all customers.
SMARTFLOW PAYMENTS is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services. SMARTFLOW PAYMENTS LIMITED does not conducts any crypto-related activities.
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.
SMARTFLOW PAYMENTS LIMITED is not registered with the FCA as a crypro asset firm.
SMARTFLOW PAYMENTS do not offer crypto assets services.
SMARTFLOW PAYMENTS do not conduct any crypto-related acitivities.
| EUR | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 671,970.00 | 866,940.00 | +29.01% |
| Turnover | 16,557.00 | 25,531.00 | +54.20% |
| Gross Profit | -258,582.00 | -283,252.00 | +9.54% |
| Net Income | -385,552.00 | -70,310.00 | -81.76% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 169 (-8) |  ISX Financial UK Ltd | 0.00 % | 789,959.00 GBP (+13.68%) |
| 170 (-3) | SMARTFLOW PAYMENTS LIMITED | 0.00 % | 866,940.00 EUR (+29.01%) |
| 171 (-6) |  RightCard Payment Services Limited | 0.00 % | 732,478.00 GBP (+28.10%) |
United KingdomSMARTFLOW PAYMENTS LIMITED is authorized by the Financial Conduct Authority as a e-money institution (reference number 900873) 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 6 January 2019.
SMARTFLOW PAYMENTS 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, SMARTFLOW PAYMENTS is required to safeguard its customers’ money.
Since January 2021, SMARTFLOW PAYMENTS LIMITED can not conduct its activities in EEA member states.
Mocatta House Office 526 Traflgar Place, BN1 4DU, Brighton, United Kingdom
+44 7857291637English
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
