IFX FCA licence 900517

The Financial Conduct Authority (FCA) register of the United Kingdom carries IFX (UK) Ltd under firm reference number 900517, shown as an Authorised Electronic Money Institution since 31 May 2018. The brand IFX Payments appears on the same record as a trading name of that company, effective 17 January 2023.

The FCA is the United Kingdom's statutory conduct regulator, and the Financial Services Register is its public record of authorised firms. This authorisation is an e-money one rather than an investment one: the record gives the firm's Type as EMD, and its permissions sit under Payment services and E-money, covering cash placement and withdrawal on a payment account, execution of payment transactions with and without a credit line, issuing payment instruments or acquiring payment transactions, money remittance, payment transactions through a telecoms or IT operator, and issuing electronic money.

A register entry records what the authority has permitted; it says nothing about solvency or conduct. The FCA register states that some activities may not be protected, that the Financial Services Compensation Scheme would not pay compensation if the firm failed, and that the firm may instead have to safeguard customer funds. The permissions attach to this company, not to every service a brand may market.

This check read the reference number 900517, registered company number 05422718, an address at The Carter, 11 Pilgrim Street, London EC4V 6RN, a telephone number, the Type, the status wording with its since-date, and eight permissions. The Restrictions section was open and listed no requirements. No expiry date is printed, which is usual for a UK authorisation, and the record shows no website or email.

Anyone can repeat this by searching 900517 on the FCA register and opening the firm record. The position would change if the authorisation were cancelled or withdrawn, if a requirement were imposed, or if the company were renamed.