DNA Payments Limited

Reference number: 806630

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When dnapayments.com first appeared online, and whether it can receive email
  • What kind of line 020 8102 8100 is, and the 3 other firms that give it
  • Who else gives the postcode SW1W 0EN
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FCA permissions and consumer protection

  • Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (2 permissions)
  • 5. Issuing and/or acquiring of payment instruments.
  • 6. Money remittance.

Limits on what they may do

  • DNA Payments Ltd will only carry out money remittance services to provide tips, gratuity and service charge payments to the employees of its hospitality merchant clients.
    DNA Payments Ltd will only carry out money remittance services to provide tips, gratuity and service charge payments to the employees of its hospitality merchant clients.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Concerns on the company record

  • Accounts are overdue at Companies House.
Company number
11154668
Company status
Active
Company type
Private limited company
Incorporated
17 January 2018 (8 years old)
Registered office
10 Lower Grosvenor Place, London, SW1W 0EN, United Kingdom
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Arif Babayev Director Jun 1983 17 Jan 2018 16 other companies
Nurlan Zhagiparov Director Nov 1977 18 Jul 2018 4 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
18
closed down
2
are FCA-registered
3

In the full report: all 18 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 3 on the FCA register
  • The 2 companies these 2 directors run together
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Filed accounts and finances

Year to 31 December 2018Micro-entity accountsNot audited

Net assets

−£242k

No earlier figure to compare

Owed within a year

£369k

No earlier figure to compare

Its next accounts are overdue at Companies House.

Net assets are negative: on its last balance sheet the company owed £242k more than it owned.

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 11154668. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

DNA Payments’s history from the FCA register and Companies House, newest first.

2025

14 April 2025

  • FCA imposed a requirement (DNA Payments Ltd will only carry out money remittance services to provide tips, gratuity and service charge payments to the employees of its hospitality merchant clients.)

FCA register

2021

25 May 2021

  • Arif Babayev stopped being the majority owner
  • Dna Bidco Limited took control (75–100% of shares)
  • Nurlan Zhagiparov stopped being a part-owner

Companies House

2019

1 February 2019

  • Became an authorised payment institution

FCA register

2018

18 July 2018

  • Nurlan Zhagiparov became a part-owner (25–50% of shares)
  • Nurlan Zhagiparov appointed as a director

Companies House

5 April 2018

  • Regulated by the FCA from this date

FCA register

17 January 2018

  • Incorporated at Companies House
  • Arif Babayev became the majority owner (50–75% of shares)
  • Arif Babayev appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms connected to DNA Payments

Other FCA-listed firms that share a director, phone number or address with DNA Payments. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share a director
3
share its phone number
3

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (3), the same phone number (3), the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like DNA Payments

Other firms of the same type (payment or money transfer firm), nearest first.

In London

Uber Payments UK LimitedLondonAuthorisedWise Payments LimitedLondonAuthorisedForisgfs UK LimitedLondonAuthorisedWepay Payments Ltd.LondonAuthorisedAirbnb Payments UK LimitedLondonAuthorisedMollie UK Ltd.LondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on DNA Payments

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 18 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 11 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is DNA Payments Limited FCA authorised?
Yes, DNA Payments Limited (FRN 806630) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2019 and works as a payment or money transfer firm. The FCA has placed a limit on what it may do.
What is DNA Payments’ phone number and website?
The FCA register lists the phone number 020 8102 8100 and the website dnapayments.com for DNA Payments. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by 3 other FCA firms.
Is DNA Payments a scam or clone?
DNA Payments is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with DNA Payments?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about DNA Payments to the Financial Ombudsman Service, free of charge.
Who owns DNA Payments?
DNA Payments is owned by Dna Bidco Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 25 May 2021. Before that, it was controlled by Nurlan Zhagiparov and Mr Arif Babayev.
Who runs DNA Payments?
Companies House lists 2 directors of DNA Payments: Arif Babayev and Nurlan Zhagiparov.
How long has DNA Payments been in business?
The company was formed on 17 January 2018, and has held its current FCA authorisation since February 2019.
What do DNA Payments’ latest accounts show?
Its latest accounts, to 31 December 2018, show net assets of −£242k (no earlier figure to compare). Its accounts are overdue at Companies House.

Sources and links

The full report on DNA Payments Limited

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