Terra Payment Services (UK) Limited

Reference number: 542256

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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 terrapay.com first appeared online, and whether it can receive email
  • What kind of line 07719 407833 is
  • Who else gives the postcode EC2V 6DN
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Other names (4)

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

  • TerraPay Trading name
  • Pay2Global Limited Former name
  • Mobex Former trading name
  • P2G 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 (2 permissions)
  • 3. Executing payment transactions (no credit line)
  • 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
06648470
Company status
Active
Company type
Private limited company
Incorporated
16 July 2008 (18 years old)
Registered office
2nd Floor 107 Cheapside, London, EC2V 6DN, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Ramakrishnan Sundaram Director Jun 1969 19 Nov 2021 None
Louise Clare Brett Director May 1963 1 Jun 2023 2 other companies
Santosh Rajanna Bellary Director Mar 1980 18 Jul 2024 None
Mohd Saif Abbasi Director Jul 1985 9 Jul 2025 None

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
2
still active
2

In the full report: all 2 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
  • All 18 people who have ever been directors, with their dates
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Key dates in its history

Terra Payment Services (UK)’s history from the FCA register and Companies House, newest first.

Key events (15) All events (55)

2022

24 June 2022

  • Terrapay Holdings Limited gave up control
  • Terrapay Holdings Limited took control (75–100% of shares)

Companies House

2018

1 May 2018

  • Became an authorised payment institution

FCA register

23 January 2018

  • Board replaced: both directors left and a new director took over

Companies House

2016

15 August 2016

  • Changed its registered name from "Pay2Global Limited"

FCA register

5 August 2016

  • Nicholas James England stopped being a part-owner
  • Wayne Arthur Bushby stopped being a part-owner

Companies House

16 July 2016

  • Nicholas James England became a part-owner (25–50% of shares)
  • Wayne Arthur Bushby became a part-owner (25–50% of shares)

Companies House

6 April 2016

  • Terrapay Holdings Limited gave up control
  • Terrapay Holdings Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2011

20 September 2011

  • Regulated by the Financial Services Authority from this date

FCA register

2009

1 September 2009

  • Supervised by HMRC under the money laundering rules from this date

FCA register

2008

16 July 2008

  • Incorporated at Companies House

Companies House

In the full report: all 55 events

  • All 55 events in its history (15 shown here)
  • Every director appointment and resignation: 34
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Firms like Terra Payment Services (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 Terra Payment Services (UK)

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 55 events in its history

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Frequently asked questions about this firm

Is Terra Payment Services (UK) Limited FCA authorised?
Yes, Terra Payment Services (UK) Limited (FRN 542256) 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 Terra Payment Services (UK)’s phone number and website?
The FCA register lists the phone number 07719 407833 and the website terrapay.com for Terra Payment Services (UK). If you were given different contact details, use these to check with the firm before going any further.
Is Terra Payment Services (UK) a scam or clone?
Terra Payment Services (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 Terra Payment Services (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 Terra Payment Services (UK) to the Financial Ombudsman Service, free of charge.
Who owns Terra Payment Services (UK)?
Terra Payment Services (UK) is owned by Terrapay Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 24 June 2022. Before that, it was controlled by Mr Nicholas James England and Mr Wayne Arthur Bushby.
Who runs Terra Payment Services (UK)?
Companies House lists 4 directors of Terra Payment Services (UK): Ramakrishnan Sundaram, Louise Clare Brett, Santosh Rajanna Bellary and Mohd Saif Abbasi.
How long has Terra Payment Services (UK) been in business?
The company was formed on 16 July 2008, and has held its current FCA authorisation since May 2018.
Does Terra Payment Services (UK) use any other names?
It trades as TerraPay. It has previously used 3 other names: Pay2Global Limited, Mobex and P2G.

Sources and links

The full report on Terra Payment Services (UK) Limited

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