Fiat Republic Financial Services Ltd

Reference number: 900524

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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 fiatrepublic.com first appeared online, and whether it can receive email
  • What kind of line 07909 621199 is
  • Who else gives the postcode EC4N 6NP
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Other names (4)

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

  • Fiat Republic Trading name: A name it trades under now.
  • Paybase Limited Former name: A name it was registered under before.
  • Payfriendz Limited Former name: A name it was registered under before.
  • Paybase Former trading name: A name it used to trade under.

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 (8 permissions)
  • a) Services enabling cash placement on a payment account
  • b) Services enabling cash withdrawals from a payment account
  • c) Execution of payment transactions (not covered by a credit line)
  • d) Execution of payment transactions (covered by a credit line)
  • e) Issuing payment instruments or acquiring payment transactions
  • f) Money remittance
  • g) Execution of payment transactions via telecoms, IT system or network operator
  • h) Issuing Electronic Money

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 status
Active
Company type
Private limited company
Incorporated
13 August 2013 (13 years old)
Registered office
60 Cannon Street, London, EC4N 6NP, England
Nature of business
  • Other information technology service activities (SIC 62090)
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Adam Biały Director Sep 1984 23 May 2022 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • All 7 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2021Full accountsAudited

Turnover

£3,717

−88% from £32.2k

Profit before tax

−£225k

Up £2.42m from −£2.64m

Net assets

−£1.28m

Down £80.5k from −£1.20m

Cash at bank

£30.4k

−3.5% from £31.5k

Net assets are negative: on its last balance sheet the company owed £1.28m more than it owned.

* Cash at bank usually includes customers’ money.

Turnover and profit

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.

Accounts filed at Companies House for company 08649018. 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

Fiat Republic Financial Services’s history from the FCA register and Companies House, newest first.

2022

30 May 2022

  • Changed its registered name from "Paybase Limited"

FCA register

23 May 2022

  • Board replaced: its only director left and 2 new directors took over
  • Dolfinancials Limited gave up control
  • Fiat Republic Ltd took control (75–100% of shares)

Companies House

2018

22 May 2018

  • Became an authorised e-money institution

FCA register

2017

4 April 2017

  • Changed its registered name from "Payfriendz Limited"

FCA register

2016

6 April 2016

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

Companies House

2015

1 October 2015

  • Regulated by the FCA from this date

FCA register

2013

13 August 2013

  • Incorporated at Companies House

Companies House

In the full report: all 25 events

  • All 25 events in its history (9 shown here)
  • Every director appointment and resignation: 13
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Firms like Fiat Republic Financial Services

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

In London

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 Fiat Republic Financial Services

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

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 25 events in its history

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Frequently asked questions about this firm

Is Fiat Republic Financial Services Ltd FCA authorised?
Yes, Fiat Republic Financial Services Ltd (FRN 900524) 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 Fiat Republic Financial Services’ phone number and website?
The FCA register lists the phone number 07909 621199 and the website fiatrepublic.com for Fiat Republic Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Fiat Republic Financial Services a scam or clone?
Fiat Republic Financial Services 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 Fiat Republic Financial Services?
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 Fiat Republic Financial Services to the Financial Ombudsman Service, free of charge.
Who owns Fiat Republic Financial Services?
Fiat Republic Financial Services is owned by Fiat Republic Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 23 May 2022. Before that, it was controlled by Dolfinancials Limited.
Who runs Fiat Republic Financial Services?
Companies House lists one director of Fiat Republic Financial Services: Adam Biały.
How long has Fiat Republic Financial Services been in business?
The company was formed on 13 August 2013, and has held its current FCA authorisation since May 2018.
What do Fiat Republic Financial Services’ latest accounts show?
Its latest accounts, to 31 December 2021, show turnover of £3,717 (−88% from £32.2k) and profit before tax of −£225k (up £2.42m from −£2.64m).
Does Fiat Republic Financial Services use any other names?
It trades as Fiat Republic. It has previously used 3 other names: Paybase Limited, Payfriendz Limited and Paybase.

Sources and links

The full report on Fiat Republic Financial Services Ltd

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