Moorwand

Name

Moorwand

Legal name

Moorwand Ltd

Website

https://moorwand.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Payment Infrastructure / Banking-as-a-Service

NAICS

Credit Card Issuing (522210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Prepaid Card Program Managers & Issuers (BIN Sponsors) (FSAMANAK)

Keywords

• BIN sponsorship services
• Card issuing solutions
• Digital banking rails
• E-money institution
• Payment compliance services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. BIN Sponsorship Fees: Moorwand charges fees for BIN sponsorship services, enabling fintechs and payment providers to access card schemes without direct membership. These fees cover scheme access, compliance oversight, settlement, and client fund safeguarding. Specific pricing is bespoke based on client context.
2. Digital Banking Services: Revenue is generated from digital banking API connections enabling Faster Payments, SEPA transfers, BACS Direct Debit/Credit. Fees are typically charged per transaction or through bespoke commercial arrangements.
3. E-Money Issuance: Moorwand issues electronic money backed by fiat currency, providing payment services in the EEA. The institution earns fees for e-money issuance, account management, and transaction processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Moorwand provides BIN sponsorship, digital banking infrastructure, and payments compliance services to fintechs and payment providers, enabling them to issue prepaid, debit, credit, reloadable, and travel cards without direct card scheme membership and to access Faster Payments (UK), SEPA Instant (Eurozone), and BACS rails. As an FCA-authorised Electronic Money Institution with principal membership across Mastercard, Discover, Diners Club International, UnionPay International, and JCB, Moorwand manages scheme compliance, settlement, reconciliation, e-money issuance, and segregated client fund safeguarding throughout the EEA.

Product overview

Moorwand is an FCA-regulated Electronic Money Institution offering a modular payment infrastructure platform. The core offering consists of BIN Sponsorship (Issuing Services) as the principal payment scheme access layer, complemented by Digital Banking (including Digital Banking Direct) for Faster Payments and SEPA transfers, and Payments Compliance Services for AML and fraud risk management. The platform provides Electronic Money Services for e-money issuance throughout the EEA. Under the BIN Sponsorship umbrella, Moorwand offers specialized card issuing modules for prepaid cards, reloadable cards, employee cards, travel cards, and fintech payment solutions. The platform connects to major card schemes (Mastercard, Discover, Diners Club International, UnionPay International, JCB) and offers Open Banking integration through Tribe Payments. Together these services enable fintechs and businesses to launch card programmes, digital banking products, and payment solutions without direct scheme membership.

Differentiator

Problem solved

Functional benefit

Products and services

• BIN Sponsorship (Issuing Services) Moorwand's BIN Sponsorship service enables organisations to issue prepaid, debit, credit, reloadable, employee, travel, and fintech cards without needing direct scheme membership. As a principal member of Mastercard, Discover, Diners Club International, UnionPay International, and JCB, Moorwand provides access to payment networks, handles scheme compliance, manages settlement, reconciliation, and segregated client fund safeguarding. It is targeted at fintechs, programme managers, and emerging payment providers seeking faster time-to-market and lower collateral requirements.
• Digital Banking Moorwand Digital Banking provides Faster Payments in the UK and SEPA Instant payments within the Eurozone, enabling seamless digital payment services for clients. It connects to BACS for Direct Debit and Direct Credit capabilities and supports cross-border compliance, targeting fintechs and businesses needing digital banking rails.
• Digital Banking Direct A direct digital banking service that provides accounts with Sort Codes and Account Numbers for GBP and IBANs for EUR, enabling Faster Payments and SEPA transfers. Designed for partners and clients needing embeddable banking infrastructure (e.g., Tap Global Group) for primary financial account functionality.
• Payments Compliance Services Moorwand Payments Compliance services aim to mitigate compliance risk before it becomes a problem for clients, including anti-money laundering (AML) controls, fraud detection and prevention, and APP Fraud Reimbursement Rights. The service is targeted at fintechs and regulated payment institutions needing outsourced compliance programme management.
• Electronic Money Services FCA-authorised Electronic Money Institution services enabling e-money issuance and payment services throughout the European Economic Area (EEA), including soft and hard e-money transactions, with segregated client fund safeguarding per FCA E-Money Regulations 2011. Targeted at fintechs and businesses needing regulated e-money infrastructure.
• Open Banking Open Banking capabilities delivered through partnership with Tribe Payments as its technical service provider, allowing Moorwand customers to securely share access to their accounts with authorised Third Party Providers (TPPs). Moorwand publishes quarterly Open Banking Performance Reports (REP020) covering uptime, response times, error rates, and system reliability.

Quantifiable outcome

• Enables faster time-to-market for card programmes by bypassing lengthy and costly direct scheme membership applications.
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Tap Global Group plccoreStrategic or Co-development Partner · 5 October 2025Tap Global Group plc announced a strategic partnership with Moorwand in October 2025 to integrate Banking-as-a-Service capabilities into its digital finance app. Through this integration, Tap users gain access to dedicated GBP accounts with Sort Codes and Account Numbers, and EUR accounts with individual IBANs, removing dependency on external bank accounts for funding. The partnership is positioned as a foundational step toward enabling direct salary deposits and positioning Tap as a primary financial account for users in the UK crypto-fintech market.
• Tribe PaymentscoreTechnology or IntegrationMoorwand has partnered with Tribe Payments as its technical service provider to enhance open banking capabilities. Tribe Payments provides the technical infrastructure enabling Moorwand's customers to securely share access to their accounts with authorised Third Party Providers (TPPs). Moorwand also publishes quarterly Open Banking Performance Reports (REP020) covering dedicated and user interface uptime, response times, error rates, and system reliability.
• MastercardcoreTechnology or IntegrationMastercard launched its Crypto Partner Program in March 2026, a global initiative connecting over 100 crypto-native companies, payments providers, and financial institutions to integrate digital assets with established card rails and global commerce flows. As a principal Mastercard member, Moorwand is positioned to participate in this ecosystem, enabling crypto-fintech clients to bridge on-chain innovation with conventional payment infrastructure.
• Harmoniie SAScoreTechnology or IntegrationMoorwand is in partnership with Harmoniie SAS, an Electronic Money Institution authorised by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) under number 89589. This partnership enables Moorwand to facilitate electronic money transactions and payment services across the European Economic Area (EEA), extending its regulatory reach beyond its FCA authorisation.
• StoCardminorOthersStoCard is cited on Moorwand's FAQ page as one of the leading fintech brands that trusts Moorwand for payment expertise and BIN sponsorship services.
• TradeCoreminorOthersTradeCore is cited on Moorwand's FAQ page as one of the fintech brands that Moorwand supports with its suite of payment solutions and BIN sponsorship services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marqeta: US-listed BaaS / card-issuing platform that enables fintechs and corporates to issue and process card programmes via API. Like Moorwand, it sits as issuing infrastructure behind partner-branded cards and competes for the same programme-manager and fintech client base.
• Galileo Financial Technologies: SoFi-owned card issuing and payments processing platform serving fintechs with BIN sponsorship, processing, and programme management capabilities. Directly comparable to Moorwand as a multi-tenant card-issuing infrastructure provider for emerging payment players.
• Paymentology: Global issuer-processor providing BIN sponsorship, card issuing, and processing infrastructure to fintechs and corporates. Closely comparable to Moorwand in product scope (BIN sponsorship, scheme access, issuing) and target customer (fintechs and programme managers).
• Treezor: French ACPR-authorised EMI providing BaaS, card issuing, and payment account infrastructure to fintechs across Europe. Highly comparable to Moorwand given similar FCA/ACPR regulatory profile, European focus, and BaaS model for fintech clients.
• Clear Junction: UK FCA-regulated payments and e-money institution providing account infrastructure, BIN sponsorship, and payment services to fintechs. Closely comparable to Moorwand in regulatory standing, UK base, and target fintech / programme-manager customer base.

Broad incumbents

• Stripe Issuing: Card-issuing API from Stripe that enables platforms and fintechs to create and manage card programmes. Competes with Moorwand for the same embedded-finance / programme-manager use cases but as part of Stripe's much broader payments platform.
• Banking Circle: Europe-headquartered payments bank providing accounts, clearing, and cross-border payment infrastructure to banks, EMIs, and fintechs. Comparable to Moorwand in providing regulated digital banking rails (Faster Payments, SEPA) and multi-currency IBANs to fintechs.

Regional players

• Volt: UK open banking payments platform that provides account-to-account payment infrastructure via Open Banking APIs. Comparable to Moorwand where Moorwand offers Open Banking via Tribe Payments, but Volt is a direct A2A payments provider rather than a card-issuing EMI.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/moorwand
• LinkedInlinkedin.com/company/moorwand-ltd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moorwand