Prune Payments Ltd

Reference number: 670226

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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
07762021
Company status
Active
Company type
Private limited company
Incorporated
5 September 2011 (14 years old)
Registered office
35-37 Ludgate Hill, Office 7, London, EC4M 7JN, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Toyeeb Ibitade Ibrahim Director May 1992 1 Mar 2024
Abdulaziz Muyiwa Ibraheem Director Jun 1987 8 Aug 2024
Bilkis Omolola Simisola Lawal Director Jun 1993 22 Oct 2024
Kabir Adeyemi Ibraheem Director Apr 1996 25 Oct 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 (1 permission)
  • 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.

Previously registered as

The FCA register holds 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • ArcaPay Ltd
  • MB Transfers Ltd

Names it no longer trades under

This firm has retired one trading name. 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 name
  • ArcaPay Partners

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Common questions

Frequently asked questions

Is Prune Payments Ltd FCA authorised?
Yes, Prune Payments Ltd (FRN 670226) is authorised by the FCA to carry out regulated activities.
Is my money safe with Prune Payments?
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 Prune Payments to the Financial Ombudsman Service, free of charge.
Is Prune Payments a scam or clone?
Prune Payments 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 Prune Payments's Firm Reference Number (FRN)?
Prune Payments's FRN is 670226. You can verify it on the FCA register.