Equals Money UK Limited

Reference number: 504547

Instant download

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
Instant PDF download
Other names (13)

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

  • Card One Money Trading name
  • equals Trading name
  • Equals Money Trading name
  • FairFX Trading name
  • Spectrum Payment Services Limited Former name
  • Acorn Account Former trading name
  • Cardonebanking Former trading name
  • Equals Direct Former trading name
  • Equals Enterprise Solutions Former trading name
  • Equals Money Faster Payments Former trading name
  • Equals Solutions Former trading name
  • Fair Everywhere Former trading name
  • Muloot Money 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 (6 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.
  • 3. Executing payment transactions (no credit line)
  • 5. Issuing and/or acquiring of payment instruments.
  • 6. Money remittance.
  • 7. Payment initiation services

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
06268340
Company status
Active
Company type
Private limited company
Incorporated
4 June 2007 (19 years old)
Registered office
3rd Floor Vintners Place, 68 Upper Thames Street, London, EC4V 3BJ, United Kingdom
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 25 Aug 2017 8 other companies
Matthijs Willem Adriaan Boon Director Nov 1976 13 Jun 2019 4 other companies
Matthew Thomas Newland Director Nov 1983 22 Jan 2021 None
Andrew John Phillips Director Jan 1981 22 Jan 2021 10 other companies
Ian Peter Campbell Director Jul 1985 26 Apr 2021 None
James Lingard Simcox Director Jan 1993 19 May 2022 2 other companies
Peter William Haspel Director May 1970 7 Aug 2026 42 other companies
Rosanna Colangeli Secretary Not published 1 Aug 2021 –

Other companies run by these 7 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
60
closed down
15
went insolvent
1

In the full report: all 60 companies, named

  • What each company does, and whether it is still trading
  • Which of these 7 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 3 on the FCA register, including one no longer authorised
  • The 2 companies these 7 directors run together
  • All 20 people who have ever been directors, with their dates
Instant PDF download

Key dates in its history

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

Key events (8) All events (66)

2022

27 September 2022

  • Changed its registered name from "Spectrum Payment Services Limited"

FCA register

2020

1 January 2020

  • Equals Group Limited took control (75–100% of shares)
  • Spectrum Financial Group Limited gave up control

Companies House

2018

27 June 2018

  • Became an authorised payment institution

FCA register

2016

6 April 2016

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

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2009

1 November 2009

  • Regulated by the Financial Services Authority from this date

FCA register

2007

4 June 2007

  • Incorporated at Companies House

Companies House

In the full report: all 66 events

  • All 66 events in its history (8 shown here)
  • Every director appointment and resignation: 33
Instant PDF download

Firms connected to Equals Money UK

Other FCA-listed firms that share a director, phone number or address with Equals Money UK. 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
4

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (3), the same phone number (4), the same postcode (4)
  • Who links each one: the named directors, with dates
Instant PDF download

Firms like Equals Money UK

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 UK

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

  • 60 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 66 events in its history
  • 4 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Equals Money UK Limited FCA authorised?
Yes, Equals Money UK Limited (FRN 504547) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Equals Money UK’s phone number and website?
The FCA register lists the phone number 020 7778 9302 and the website equalsmoney.com for Equals Money UK. 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 UK a scam or clone?
Equals Money UK 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 UK?
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 UK to the Financial Ombudsman Service, free of charge.
Who owns Equals Money UK?
Equals Money UK is owned by Equals Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 1 January 2020. Before that, it was controlled by Spectrum Financial Group Limited.
Who runs Equals Money UK?
Companies House lists 7 directors of Equals Money UK: Ian Alexander Irving Strafford Taylor, Matthijs Willem Adriaan Boon, Matthew Thomas Newland, Andrew John Phillips, Ian Peter Campbell, James Lingard Simcox and 1 more.
How long has Equals Money UK been in business?
The company was formed on 4 June 2007, and has held its current FCA authorisation since June 2018.
Does Equals Money UK use any other names?
It trades as Card One Money, equals, Equals Money and FairFX. It has previously used 9 other names, including Spectrum Payment Services Limited, Acorn Account and Cardonebanking.

Sources and links

The full report on Equals Money UK Limited

£19.99 · Instant PDF download

Loading secure checkout…