Equals Money PLC

Reference number: 488396

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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, 1 thing worth a closer look

  • When equalsmoney.com first appeared online, and whether it can receive email
  • What kind of line 020 7778 9302 is, and the 4 other firms that give it
  • Who else gives the postcode EC4V 3BJ
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Other names (12)

If you were contacted under any of these names, it is this firm.

  • CardOneMoney Trading name
  • equals Trading name
  • FairFX Trading name
  • FairFX PLC Former name
  • ChorusTM Former trading name
  • City Forex Former trading name
  • Equals Enterprise Solutions Former trading name
  • Equals FX Former trading name
  • Equals Go Former trading name
  • Equals Pay Former trading name
  • Equals Solutions Former trading name
  • Equals Spend Former trading name

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 (4 permissions)
  • 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.
  • 2. Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account.
  • 5. Issuing and/or acquiring of payment instruments.
  • 6. Money remittance.

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.

Company number
05539698
Company status
Active
Company type
Public limited company
Incorporated
18 August 2005 (21 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Ian Alexander Irving Strafford Taylor Director Oct 1960 5 Sep 2006 8 other companies
Matthijs Willem Adriaan Boon Director Nov 1976 6 Aug 2019 4 other companies
Andrew John Phillips Director Jan 1981 28 Jan 2021 10 other companies
James Lingard Simcox Director Jan 1993 19 May 2022 2 other companies
Rosanna Colangeli Secretary Not published 1 Aug 2021 –

Other companies run by these 4 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
19
closed down
12
are FCA-registered
2

In the full report: all 19 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register, including one no longer authorised
  • The 2 companies these 4 directors run together
  • All 17 people who have ever been directors, with their dates
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Key dates in its history

Equals Money’s history from the FCA register and Companies House, newest first.

Key events (7) All events (58)

2022

14 September 2022

  • Changed its registered name from "FairFX PLC"

FCA register

2018

31 May 2018

  • Became an authorised payment institution

FCA register

2016

23 June 2016

  • Equals Group Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2009

7 October 2009

  • Regulated by the Financial Services Authority from this date
  • Supervised by HMRC under the money laundering rules from this date

FCA register

2005

18 August 2005

  • Incorporated at Companies House

Companies House

In the full report: all 58 events

  • All 58 events in its history (7 shown here)
  • Every director appointment and resignation: 28
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Firms connected to Equals Money

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

connected firms
4
share a director
2
share its phone number
4

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (2), the same phone number (4), the same postcode (4)
  • Who links each one: the named directors, with dates
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Firms like Equals Money

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 Equals Money

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

  • 19 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 58 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Equals Money PLC FCA authorised?
Yes, Equals Money PLC (FRN 488396) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Equals Money’s phone number and website?
The FCA register lists the phone number 020 7778 9302 and the website equalsmoney.com for Equals Money. 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 4 other FCA firms.
Is Equals Money a scam or clone?
Equals Money 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 Equals Money?
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 Equals Money to the Financial Ombudsman Service, free of charge.
Who owns Equals Money?
Equals Money is owned by Equals Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 23 June 2016.
Who runs Equals Money?
Companies House lists 4 directors of Equals Money: Ian Alexander Irving Strafford Taylor, Matthijs Willem Adriaan Boon, Andrew John Phillips and James Lingard Simcox.
How long has Equals Money been in business?
The company was formed on 18 August 2005, and has held its current FCA authorisation since May 2018.
Does Equals Money use any other names?
It trades as CardOneMoney, equals and FairFX. It has previously used 9 other names, including FairFX PLC, ChorusTM and City Forex.

Sources and links

The full report on Equals Money PLC

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