
Overview
IFX Payments runs the ibanq platform for multi-currency business accounts, named virtual IBANs, sub-accounts and mass payouts. The UK entity is IFX (UK) Ltd, an electronic money institution regulated by the FCA (FRN 900517, company number 05422718), with a registered office in London. IFX Payments DIFC Limited is separately permitted by the DFSA (F009827) for payment accounts and instruments.
Services The company lists multi-currency accounts, virtual IBAN, sub-accounts, mass payments, delivery FX, settlement services and an API for account and settlement management. It claims support for more than 40 currencies, though the full list is not published.
Clients Customers include companies, funds, family offices and financial institutions, including PSP, EMI and MSB businesses. The service is designed for complex structures and cross-border cash flows, with funds separated by legal entity.
Safeguarding According to the website, funds are safeguarded with authorised credit institutions.
Who it suits The profile fits financial and corporate groups that need many accounts and cross-border flows organised under one platform.
What they do
Geography · 1
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