PayPal UK Ltd

Reference number: 994790

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Authorised by the FCA

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

Same company

This company holds 2 other FCA records

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Verified address

    76 UPPER GROUND, London, SE1 9PZ, United Kingdom

Also trades as 5 other names
  • Braintree a PayPal service
  • Hyperwallet a PayPal Service
  • PayPal
  • Xoom a PayPal Service
  • Zettle by PayPal

Company details

From the company's Companies House record.

Company number
14741686
Company status
Active
Company type
Private limited company
Incorporated
20 March 2023 (3 years old)
Registered office
5 Fleet Place, London, EC4M 7RD, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
David Jonathan Bennett Director Mar 1962 1 Nov 2023
Simon Daniel Bladon Director Sep 1973 17 Apr 2024
Benjamin Nicholas Davey Director Jan 1972 8 Jul 2024
Jane Susannah Leach Director May 1966 8 Jul 2024
Kate Rochford Cino Director Oct 1982 8 Jul 2024

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 (9 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
  • i) Payment initiation services
  • j) Account information services

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 840 new complaints about this firm, and upheld 31% of the ones it decided.

That is about typical: the median across the firms the Ombudsman reports on is 31%.

  • Banking and credit 840

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

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Common questions

Frequently asked questions

Is PayPal UK Ltd FCA authorised?
Yes, PayPal UK Ltd (FRN 994790) is authorised by the FCA to carry out regulated activities.
Is my money safe with PayPal 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 PayPal UK to the Financial Ombudsman Service, free of charge.
Is PayPal UK a scam or clone?
PayPal UK 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 PayPal UK's Firm Reference Number (FRN)?
PayPal UK's FRN is 994790. You can verify it on the FCA register.