COMPANY detail

MOORWAND
Be part of the future of payments

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MOORWAND
Company Overview.
Year Founded 2013
Status Private
Specialties BIN Sponsorship, Payments, Issuing
Company Size 51-200 Employees
Industry Financial Services
Location London, UK
Description.

Moorwand is a London-based FCA-authorised Electronic Money Institution (EMI) established in 2013 and authorised by the Financial Conduct Authority under Reference No. 900709. The company provides essential payment infrastructure including BIN Sponsorship, Digital Banking, and Payments Compliance services to fintechs, EMIs, Authorised Payment Institutions, and payment companies across the UK and European Economic Area. As a principal scheme member, Moorwand enables its clients to issue physical and virtual cards through Mastercard, Discover, Diners Club International, and UnionPay International without requiring direct scheme membership.

The company serves as a critical Banking-as-a-Service (BaaS) provider, offering multi-currency accounts with dedicated GBP bank accounts (Sort Codes and Account Numbers) and EUR accounts (IBANs), along with Faster Payments in the UK and SEPA/SEPA Instant transfers in the Eurozone. Moorwand has demonstrated significant expertise in the crypto space through partnerships with major industry players including Tap Global (crypto app) and Bybit (crypto exchange) to enable crypto debit card programmes. The company maintains a dedicated safeguarding account structure for client funds in compliance with FCA regulations, ensuring client money is protected through complete segregation from operational accounts. Moorwand's partner ecosystem includes processors (Thredd, Paymentology, Marqeta), card bureaus (Tag Systems, Allpay), and KYC providers (Jumio, W2), positioning them as a comprehensive infrastructure partner for launching payment products.

Key Infrastructure.
BIN Sponsorship Principal scheme membership enabling companies to issue cards without direct scheme access
SEPA Payments Single Euro Payments Area including SEPA Instant transfers
Digital Banking Platform BaaS platform providing GBP accounts with Sort Codes and EUR accounts with IBANs
Multi-Currency Accounts Dedicated GBP and EUR accounts for businesses and their customers
Faster Payments UK real-time payment processing via Faster Payments scheme
Card Issuing Services Physical and virtual card issuance across Mastercard, Discover, UnionPay
Additional Features.
Rule-Based Monitoring
Automated transaction monitoring system with custom rules
Scheme Reporting
Full scheme and regulatory reporting as part of BIN sponsorship
Account Verification
Automated KYC service for customer onboarding
Compliance Oversight
Ongoing compliance monitoring and audit support for clients
Safeguarding
FCA-compliant client fund segregation in dedicated accounts
Card Programme Setup
Complete BIN setup process including scheme and regulatory compliance
Disclaimer: For educational purposes only. TODEY is not a financial advisor. No-KYC rules vary by country — users must assess project risks and always do their own research.

GENERAL Questions.

What does this company do?
Moorwand is a UK FCA-authorised Electronic Money Institution providing BIN sponsorship and Banking-as-a-Service (BaaS) infrastructure. They enable fintechs, crypto companies, and payment companies to launch card programmes and digital banking services without obtaining direct scheme membership. Their services include card issuing (physical/virtual), multi-currency accounts, Faster Payments, SEPA transfers, and payments compliance.
Who are their main clients?
Moorwand serves fintechs, EMIs (Electronic Money Institutions), APs (Authorised Payment Institutions), and payment companies. They have specifically partnered with crypto companies including Tap Global (crypto app) and Bybit (crypto exchange) to enable crypto debit card programmes.
Are they licensed?
Yes. Moorwand is an FCA-authorised Electronic Money Institution (Reference No. 900709) regulated under the Payment Services Regulations 2017 and Electronic Money Regulations. They are a principal scheme member for Mastercard, Discover, Diners Club International, and UnionPay International.
What blockchains/stablecoins supported?
Moorwand does not directly support blockchains or stablecoins. They are a fiat infrastructure provider (BaaS) that enables crypto companies to bridge between crypto and fiat. Their infrastructure supports GBP and EUR accounts, not crypto assets.