Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. IFX (UK) Ltd holds a current electronic money institution licence from the FCA, authorised to issue electronic money. The licence also authorises safeguarding of customer funds and distribution and redemption of electronic money.
No EEA passporting is recorded in the register for this licence.
Data note: the licence was granted 31 May 2018. The FCA Financial Services Register lists licence reference 900517 as active, as of the last cross-check.
Licence timeline
3 dated eventsDated events for IFX (UK) Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
81/287
IFX (UK) Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 81st oldest of the 287 dated United Kingdom EMI authorisations, one of 112 granted in 2018.
Is your money safe with IFX (UK) Ltd?
IFX (UK) Ltd holds an e-money authorisation from Financial Conduct Authority, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by the FSCS, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.
Authorised activities (PSD2 / EMD2)
Payment-services activities IFX (UK) Ltd is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is IFX (UK) Ltd a licensed e-money institution?
- Yes. IFX (UK) Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900517. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates IFX (UK) Ltd?
- IFX (UK) Ltd is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is IFX (UK) Ltd's licence or FRN number?
- IFX (UK) Ltd's licence reference number is 900517. Enter it on the FCA Financial Services Register at register.fca.org.uk to confirm the institution's identity and that its authorisation is in force.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in United Kingdom
Ratings & reader notes
0 written notes
Share what you know about IFX (UK) Ltd. Guest comments - no account required. Be kind and on-topic.
No reader notes yet. Be the first to share what you know about this institution.