Paymaster24 Ltd

Reference number: 599682

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Authorised by the FCA

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

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.

Company details

From the company's Companies House record.

Company number
08387550
Company status
Active
Company type
Private limited company
Incorporated
4 February 2013 (13 years old)
Registered office
9 Journey Campus, Castle Park, Cambridge, CB3 0AX, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Avetik Mnatsakanyan Director Sep 1980 4 Feb 2013
Vladimir Sharko Director Aug 1977 23 Mar 2015
Irina Deych Director Jul 1977 1 Feb 2021
Avetik Mnatsakanyan Secretary Not published 4 Feb 2013

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.
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.

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

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Paymaster24 Ltd FCA authorised?
Yes, Paymaster24 Ltd (FRN 599682) is authorised by the FCA to carry out regulated activities.
Is my money safe with Paymaster24?
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 Paymaster24 to the Financial Ombudsman Service, free of charge.
Is Paymaster24 a scam or clone?
Paymaster24 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 Paymaster24's Firm Reference Number (FRN)?
Paymaster24's FRN is 599682. You can verify it on the FCA register.