Founded in 2011, ePayments Systems Limited operated as an Electronic Money Institution (EMI) authorised by the UK's Financial Conduct Authority (FCA). The company provided a global payment solution centered around its e-wallet, catering to freelancers, affiliates, and online businesses. Services included receiving and sending payments, currency exchange, and prepaid cards, aiming to facilitate international transactions. However, in February 2020, the FCA suspended its operations due to significant weaknesses in its anti-money laundering controls. After a prolonged period of being unable to satisfy the regulator's requirements, the company announced in September 2022 that it was permanently closing down and entering a solvent winding-down process to return all customer funds.

Founded in

New Zealand