Tangopay Limited

Reference number: 572127

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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
07807614
Company status
Active
Company type
Private limited company
Incorporated
12 October 2011 (14 years old)
Registered office
Tangopay, 124 City Road, London, EC1V 2NR, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Christopher Liew Director Nov 1979 10 Nov 2025

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 (1 permission)
  • 6. Money remittance.

Limits on what they may do

  • Standard PSD Requirement
    The firm may only carry out payment service activities.
  • Voluntary undertaking
    With immediate effect, Tangopay Limited (the Firm) undertakes to: a) return all relevant funds (as defined in regulation 23 of the Payment Services Regulations 2017 (PSRs)) to relevant payment services users (PSUs) as soon as practicable; b) provide the Financial Conduct Authority (FCA) with a statement to evidence the return of relevant funds under paragraph (a) above to the relevant PSUs from the date of this undertaking; c) contact PSUs in scope of paragraph (a) above and inform them that: (i) the Firm has ceased providing payment services; (ii) (Unless instructed otherwise by the relevant PSU), payment by the Firm under paragraph (a) above will be made to the same payment account the PSU (or a third party on the PSU’s behalf) used to transfer funds to the Firm; and (iii) they should contact the Firm if they have any queries; d) refrain from providing payment services as defined in Schedule 1 to the Payment Services Regulations 2017 (PSRs)[1]; e) Refrain from on-boarding or registering any new payment service users from the date of this undertaking; f) place a statement in a prominent place on its website within 48 hours of signing this undertaking, informing customers that the Firm has ceased providing payment services, and that customers should contact the Firm if they have any queries. Duration The undertakings set out above are to take effect immediately on their acceptance by the FCA and notification of such to the Firm via email.

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.

  • Sarhad Money Exchange U.K Limited
  • UNIVERSAL MONEY TRANSFER LIMITED

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Common questions

Frequently asked questions

Is Tangopay Limited FCA authorised?
Yes, Tangopay Limited (FRN 572127) is authorised by the FCA to carry out regulated activities.
Is my money safe with Tangopay?
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 Tangopay to the Financial Ombudsman Service, free of charge.
Is Tangopay a scam or clone?
Tangopay 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 Tangopay's Firm Reference Number (FRN)?
Tangopay's FRN is 572127. You can verify it on the FCA register.