New Wave Capital Limited

Reference number: 900922

Instant download

Authorised by the FCA

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

Same company

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

Identity

Check their details

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.

Also trades as
  • Capital on Tap

Company details

From the company's Companies House record.

Company number
07959823
Company status
Active
Company type
Private limited company
Incorporated
22 February 2012 (14 years old)
Registered office
27 Old Gloucester Street, London, WC1N 3AX, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
George Vahak Karibian Director Sep 1964 1 Mar 2012
David Evan Luck Director Mar 1983 12 Dec 2012
Anthony Faillace Director Mar 1964 21 Jun 2017
Andrew Joseph Roberto Director Mar 1986 6 Oct 2020
Damian Brychcy Director Jul 1987 22 Jan 2024
ELEMENTAL COMPANY SECRETARY LIMITED Corporate secretary Not published 1 Jul 2024

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • 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.

    How safeguarding works →

Show FCA detail (7 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
  • h) Issuing Electronic Money

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

What customers have complained about

Complaints record

In January–June 2025, the Financial Ombudsman Service received 61 new complaints about this firm, and upheld 19% of the ones it decided.

That is below the 31% median for the firms the Ombudsman reports on.

  • Banking and credit 61

A bigger firm receives more complaints simply because it has more customers. FOS complaints data →

Download this page as a PDF report

£5 for a clean, timestamped copy you can keep, file or send on. It also helps keep the site free to use and free of ads.

Instant download

Common questions

Frequently asked questions

Is New Wave Capital Limited FCA authorised?
Yes, New Wave Capital Limited (FRN 900922) is authorised by the FCA to carry out regulated activities.
Is my money safe with New Wave Capital?
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 New Wave Capital to the Financial Ombudsman Service, free of charge.
Is New Wave Capital a scam or clone?
New Wave Capital is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is New Wave Capital's Firm Reference Number (FRN)?
New Wave Capital's FRN is 900922. You can verify it on the FCA register.