MTBS

Name

MTBS

Legal name

Premier Payment Solutions Ltd

Website

https://mtbs.co

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Banking as a Service / Payment Infrastructure

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industry

Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC)

Keywords

• Banking as a service
• Payment infrastructure
• Remittance compliance
• Money service businesses
• Foreign exchange platform

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Banking as a Service (BaaS) SaaS: Provides Payment Accounts & Banking Software-as-a-Service to MSBs and corporate customers. Charges are set out in Order Forms with transaction fees deducted at time of processing and monthly invoicing for recurring charges.
2. Open Banking & Payment Gateway: Open banking collections and payment gateway services, enabling merchants to collect payments and settle funds to designated accounts.
3. Money Remittance & PSD Agency: PSD agency services allowing customers to use MTBS's FCA licence for payment services business operations under compliance policies.
4. Foreign Exchange Services: FX services through third-party providers including IFX Payments, offering competitive spreads for currency exchange.
5. Software White-label / API Integration: White-label software licensing and API integration services allowing businesses to embed MTBS services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

MTBS provides Banking as a Service infrastructure for Money Service Businesses (MSBs), offering PSP current accounts, money remittance, FX services, and payment processing through its proprietary MoneyRouter platform. The service combines SaaS subscriptions with API integrations and white-label licensing, enabling MSBs and corporate clients to access payment accounts, KYCC-compliant biometric verification, AML monitoring, and cross-border payment capabilities under FCA regulation (license 914814).

Product overview

MTBS operates as a Banking as a Service (BaaS) vendor offering a unified platform with multiple integrated modules. The core platform consists of MTBS Global providing comprehensive financial payment solutions, supported by subsidiaries Premier Payment Services (for Money Exchange customers) and wireAway (for Corporate clients). The MoneyRouter platform powers KYCC-compliant money transfers with biometric verification. The product portfolio includes Agency Banking Services, E-Money Accounts, Open Banking & Payment Gateway, Payment Card Issuing, Money Remittance & PSD Agency Services, Prepaid Debit Cards, Electronic Wallets, and White-label Banking Solutions. MTBS Current Accounts serve as the primary customer-facing product for MSBs, while the White-label offering enables businesses to rent these services under their own brands.

Differentiator

Problem solved

Functional benefit

Brands

• Premier Payment Services (PPS): Subsidiary company dealing with Money Exchange customers under MTBS Global umbrella.
• wireAway

Products and services

• MTBS Current Accounts UK's first PSP Current Accounts built exclusively for Money Exchange Businesses, offering cash handling, electronic payments, FX margins, and international payment capabilities for MSBs.
• MoneyRouter Platform Real-time money transfer software platform with biometric KYCC compliance, AML monitoring, and capability to process thousands of transactions per minute, serving MSBs and money transfer operators globally.
• Money Remittance and PSD Agency Services Money remittance services operating under MTBS's FCA license 914814, enabling payment services business operations for clients under MTBS's regulatory framework with KYCC compliance.
• Payment Card Issuing

Quantifiable outcome

• Thousands of transactions per minute capacity
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• ClearBank LtdcoreTechnology or IntegrationThird-party payment accounts issuing services provider. ClearBank provides the underlying bank account infrastructure for MTBS's Agency Banking Services, including client onboarding, account opening, and payment account operations.
• IFX Payments (UK) LtdcoreTechnology or IntegrationE-Money accounts issuing, foreign exchange, and payments services provider. IFX Payments handles e-money account operations and FX services as part of MTBS's BaaS offering.
• Leatherback LimitedcoreTechnology or IntegrationOpen banking and payment gateway services provider. Leatherback enables collection of payments from customers and settlement of funds to designated accounts through API integrations.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Wise: Cross-border money transfer and multi-currency account platform with B2B and consumer offerings. Comparable to MTBS in cross-border transfers, FX, and embedded account infrastructure for businesses and individuals.
• Modulr: UK-based Banking-as-a-Service provider offering payment accounts, payment processing, and embedded finance APIs to businesses. Comparable to MTBS as a UK BaaS fintech serving regulated payment use cases through API-first infrastructure.
• Currencycloud: Cross-border payments infrastructure provider offering FX, international payments, and B2B remittance APIs. Overlaps with MTBS's FX and remittance offerings and similar B2B target customer base in financial services.
• Remitly: Digital remittance platform focused on cross-border money transfers with strong compliance and AML controls. Comparable to MTBS in MSB-adjacent remittance, FX, and KYCC/KYC-led compliance positioning.
• Railsr: UK BaaS platform (formerly Railsbank) providing embedded finance, open banking, and card-issuing infrastructure. Directly comparable to MTBS in offering white-label banking and embedded payment services via APIs.
• WorldRemit: Global digital remittance platform serving senders and recipients across 150+ corridors. Comparable to MTBS in MSB-aligned remittance flows, FX, and compliance-led cross-border transfers.
• TransferGo: UK-based remittance and FX platform offering international money transfers with B2B and consumer rails. Comparable to MTBS in serving cross-border payment and FX needs for individuals and SMBs.
• Thunes: Global cross-border payments network enabling B2B payouts, remittances, and FX across 130+ countries. Comparable to MTBS's MoneyRouter cross-border transfer capability and MSB-style target segments.

Others

• ClearBank: UK clearing bank providing payment account infrastructure and BaaS rails. Comparable to MTBS as both a partner (provides MTBS's agency banking infrastructure) and an adjacent infrastructure provider in the UK BaaS ecosystem.

Broad incumbents

• Paysafe: Established global payment solutions provider offering card issuing, e-wallets, and payment processing. Comparable to MTBS as a broader payment-services incumbent that overlaps with MTBS's card-issuing, e-money, and B2B payment offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mtbs_uk
• Facebookfacebook.com/profile.php

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 MTBS