providing real-time payments Volt Technologies Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Volt Technologies is focused on providing real-time payments. The company offers payment links, checkout pages to companies, merchants. In 2023 Volt Technologies Limited had total assets of 2.82 mln GBP, and generated net income of -228,056.00 GBP. During 2023 the company had 5 employees in average.
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, Volt Technologies Limited is assigned the overall rating 2.54 (poor) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Narrow | (1.54) |
| Market Niche | Narrow | (2.29) |
| Company Background | Poor | (2.57) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | Poor | (1.89) |
| Transparency | Average | (3.05) |
| Overall Rating | Poor | (2.54) |
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TheBanks.eu has also identified the following pros and cons of the company:
Volt Technologies 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.
Volt Technologies Limited is not registered with the FCA as a crypro asset firm.
Volt Technologies do not offer crypto assets services.
| GBP | 2023 |
|---|---|
| Total Assets | 2,821,926.00 |
| Turnover | 270,262.00 |
| Gross Profit | 228,977.00 |
| Net Income | -228,056.00 |
United KingdomVolt Technologies Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 982594) 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, account information services, payment initiation services; the authorization was granted on 18 August 2023.
Volt Technologies 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, Volt Technologies is required to safeguard its customers’ money.
Since January 2021, Volt Technologies Limited can not conduct its activities in EEA member states.
Volt Technologies Limited is a SWIFT member.
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