
Alternatives to Wise
Wise, formerly Transferwise, is one of the market’s most popular international money transfer apps. It
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Wise, formerly Transferwise, is one of the market’s most popular international money transfer apps. It

Wise has made its intentions clear on changing how people send and receive money by

The economy is set up to allow businesses to run online without a physical address.

Transferring large amounts of money is a scary experience, even for people that have done

Many companies now do business with a client or supplier from another country. With how

The financial world has seen a lot of changes and revolutions. The introduction of cryptocurrencies

Technology development is changing how the world works. It has affected crudely traditional institutions like

Thanks to the internet and technology, you can now run your business entirely online and

Anonymous bank accounts sound like something secretive and mythic. But they actually exist, although they

Digital banking has eased banking and the movement of money within the UK and across

Cryptocurrency is making a huge splash in the currency world. With features like decentralisation and

The last few years have been an interesting time for money. The growth of digital

Banks have evolved over the years to better cater to the needs of their customers.

Hollywood has everyone believing that being a millionaire is about having secret bank accounts in

The online space keeps setting new frontiers. We now have digital currencies or electronic money
Pay iO is a trading name of Pay iO Ltd. Pay iO is a Registered UK Trademark.
Pay iO Ltd is a Registered Company (Reg No.12289765)
Registered Office: International House, 36-38 Cornhill, London, EC3V 3NG
Pay iO Ltd. (company registration number 12289765) is an agent (or distributor) of PayrNet Ltd which is an Electronic Money Institution authorised by the FCA under the Electronic Money Regulations 2011 (EMR’s) with Firm Reference Number 900594.
Pay iO Ltd is registered with the Information Commissioner’s Office, with registration number: ZB592985.
The card and account is issued by PayrNet Ltd and licensed by Mastercard International Incorporation and/ or Visa Card. PayrNet Ltd is authorised by the FCA to conduct electronic money service activities under the Electronic Money Regulations 2011 (Firm Reference Number 900594).
Pay iO Ltd is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act – for more information please see this link.
Pay iO Ltd also provides UK incorporated businesses with the issuance of electronic money and payment services. These are separate and unrelated to the account and payment services you receive from Modulr Finance B.V.]
The Financial Services Compensation Scheme does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be held in one or more segregated bank accounts with a regulated third party credit institution, in accordance with the provisions of the Electronic Money Regulations 2011.