What Midpoint & Transfer does

Midpoint & Transfer Ltd (operating as Midpoint or Midpoint Finance) is a London-based FCA-authorised payment institution founded in 1998, providing cross-border money transfer and foreign exchange services to both individuals and businesses. The company serves Personal clients making international property purchases, tuition payments, and family support transfers, as well as Business clients managing cross-border payroll, supplier payments, and bulk multi-currency settlements. Services are delivered through a hybrid model combining a self-serve web platform (panel.midpointfinance.io) with dedicated relationship managers providing high-touch support from quote to settlement.

The company's core offering is the Midpoint Account, a multi-currency treasury system spanning 30+ currencies across 34+ country markets. The platform is built on CurrencyCloud's regulated payment infrastructure, which provides access to SEPA, Faster Payments, ACH, and SWIFT rails, along with local collection points in EUR, GBP, CAD, and USD. Product surface includes FX Spot Contracts, Forward Contracts (for settlements three or more business days out), Named Virtual Accounts via the Spark Service, bulk payment file uploads for mass disbursements, and real-time transaction tracking with automated confirmations. Funds are held in safeguarded segregated accounts with tier-one banking partners.

The business model is transaction-based, generating revenue primarily through the spread on FX execution (sourced via deep liquidity pools and direct interbank relationships) plus ancillary fees for payment amendments, contract rolling, and forward contract prefunding/margin activity. Pricing is quote-based and not publicly disclosed, with the company emphasising transparent pricing and no hidden markups. Distribution combines direct-to-consumer digital onboarding with relationship-manager-led sales for higher-value transactions and business accounts, supported by email, phone, and LiveChat customer service channels.

Name

Midpoint & Transfer

Legal name

MidPoint & Transfer Ltd

Website

https://midpointfinance.io

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Midpoint & Transfer is a London-based FCA-authorised payment institution providing cross-border money transfer and foreign exchange services to individuals and businesses across 30+ currencies, offering multi-currency accounts, spot and forward FX contracts, bulk payments, and dedicated relationship management via CurrencyCloud infrastructure.

Ownership category

akta.pro rank

Product category

International Payments and Foreign Exchange Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Embedded FX & Cross-Border Treasury (FSAGALAG), A2A Cross-Border & FX via Open Banking (FSAMAFAK)

Keywords

• Cross-border payments
• Foreign exchange services
• Multi-currency accounts
• International money transfers
• FX contracts

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Foreign Exchange Spread: Midpoint generates revenue through the spread between interbank/excellent FX rates they access via deep liquidity pools and the rates offered to clients. No hidden markups - transparent pricing on every transaction.
2. Payment Processing Fees: Fees charged for payment services including potential charges for amendments, cancellations, or rolling of FX contracts. Cross-border payments may involve intermediary bank charges that are passed to clients.
3. Forward Contract Services: Revenue from forward contracts for future currency delivery, with prefunding requirements and margin calls where applicable

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Midpoint & Transfer operates an FCA-authorised cross-border payments and foreign exchange platform serving both personal and business clients across 30+ currencies. Its offering combines FX execution (spot and forward contracts), multi-currency accounts (powered by CurrencyCloud), bulk and recurring payment tools, and local collection points (SEPA, Faster Payments, ACH, SWIFT), with dedicated relationship managers supporting each transaction.

Product overview

Midpoint & Transfer is an FCA-authorised payment institution offering a unified international payments platform. The core product is the Midpoint Account, a treasury system that enables clients to send and receive funds across 35+ currencies. The platform integrates Foreign Exchange (FX) Contracts (including Forward Contracts for future-dated settlements) with multi-currency account services provided through partnership with CurrencyCloud. Key features include local collection points for EUR, GBP, CAD, and USD (enabling cost-effective domestic funding), a SWIFT Collection Point for international currencies, the Spark Service for receiving local payments via virtual accounts (virtual IBANs and SWIFT BICs), and bulk payment tools for mass disbursements. The platform serves both Personal clients (individuals making property purchases, tuition payments, family support) and Business clients (managing cross-border payroll and supplier payments).

Differentiator

Problem solved

Functional benefit

Products and services

• Midpoint Account
• International Payment Services
• Foreign Exchange (FX) Contracts
• Multi-Currency Accounts
• Bulk Payment Tools
• Spark Service
• Local Collection Points (EUR, GBP, CAD, USD, SWIFT)

Quantifiable outcome

• Same day settlement for major currencies
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• CurrencyCloudcoreTechnology or IntegrationCurrencyCloud is a regulated payment platform partner that provides Midpoint with multi-currency account infrastructure, payment processing capabilities, and access to payment networks (SEPA, Faster Payments, SWIFT). The Currency Cloud Limited is authorized by the FCA under the Electronic Money Regulations 2011 and Payment Services Regulations (FCA registration 900199). Midpoint accesses payment and foreign exchange services through this partnership, enabling seamless collections and payouts across multiple currencies.
• Financial Ombudsman ServiceminorOthersThe Financial Ombudsman Service handles disputes when complaints cannot be resolved directly with Midpoint. Clients who are private individuals or small businesses (micro enterprises) can refer unresolved complaints to the Ombudsman after eight weeks.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors2 records

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 Midpoint & Transfer