PayrNet Limited

Reference number: 900594

Instant download

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.

  • No website on the FCA register

  • Verified phone number

    020 7778 9302

  • Verified address

    3rd Floor, VINTNERS PLACE, 68 UPPER THAMES ST, London, EC4V 3BJ, United Kingdom

Also trades as
  • Railsr

Company details

From the company's Companies House record.

Company number
09883437
Company status
Active
Company type
Private limited company
Incorporated
23 November 2015 (10 years old)
Registered office
3rd Floor, Vintners' Place, 68 Upper Thames Street, London, EC4V 3BJ, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
David Ronald Gagie Director Feb 1955 18 Sep 2025
Ian Alexander Irving Strafford-Taylor Director Oct 1960 27 Nov 2025
Wendy Nicole Braithwaite Secretary Not published 15 Mar 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 (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

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

Names it no longer trades under

This firm has retired 5 trading names. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired names
  • LightingAid
  • Neat
  • Neat Business
  • Neat Finance
  • Railspay

Complaints record

In January–June 2025, the Financial Ombudsman Service received 47 new complaints about this firm, and upheld 24% of the ones it decided.

That is below the 31% median for the firms the Ombudsman reports on. This firm receives few enough complaints that the rate moves sharply on a single case, so treat the comparison loosely.

  • Banking and credit 47

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 PayrNet Limited FCA authorised?
Yes, PayrNet Limited (FRN 900594) is authorised by the FCA to carry out regulated activities.
Is my money safe with PayrNet?
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 PayrNet to the Financial Ombudsman Service, free of charge.
Is PayrNet a scam or clone?
PayrNet 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 PayrNet's Firm Reference Number (FRN)?
PayrNet's FRN is 900594. You can verify it on the FCA register.