international card processing WireBloom LTD (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. WireBloom is focused on international card processing. The company offers IBAN accounts, card processing, card acceptance, payment gateways, multi-currency processing to companies, merchants. In 2022 WireBloom LTD had total assets of 359,589.00 GBP, and generated net income of -162,188.00 GBP. During 2022 the company had 2 employees in average.
One platform Multiple payment solutions
Dedicated IBAN/vIBAN accounts
Multicurrency and multichannel transfers
Card acquiring
Acceptance for ACH, IBT, digital wallets and vouchers
52 alternative payments methods
(*)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, WireBloom LTD is assigned the overall rating 2.91 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Average | (3.05) |
| Market Niche | Narrow | (2.29) |
| Company Background | Strong | (3.78) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | n/a | |
| Transparency | Average | (3.39) |
| Overall Rating | Average | (2.91) |
|---|
TheBanks.eu has also identified the following pros and cons of the company:
WireBloom 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.
WireBloom LTD is not registered with the FCA as a crypro asset firm.
WireBloom do not offer crypto assets services.
| GBP | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 890,345.00 | 359,589.00 | -59.61% |
| Revenue | 578,664.00 | 327,185.00 | -43.46% |
| Gross Profit | 478,026.00 | 313,227.00 | -34.47% |
| Net Income | 58,323.00 | -162,188.00 |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 155 (+53) |  Moneyfold Ltd | 0.00 % | 939,423.00 GBP (+635.52%) |
| 156 (-10) | WireBloom LTD | 0.00 % | 890,345.00 GBP (+25.44%) |
| 157 (-6) |  SafeNetPay Services Company Limited | 0.00 % | 842,790.00 GBP (+35.63%) |
United KingdomWireBloom LTD is authorized by the Financial Conduct Authority as a e-money institution (reference number 900810) 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 11 May 2018.
WireBloom 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, WireBloom is required to safeguard its customers’ money.
Since January 2021, WireBloom LTD can not conduct its activities in EEA member states.
WireBloom LTD is a SWIFT member.
17 Westbourne Terrace Mews Paddington, W2 6DG, London, United Kingdom
+44 2032896090EnglishWireBloom has profiles on the following social networks:
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
