Moorwand

Moorwand is a UK electronic money institution, operating as Moorwand Ltd (company number 08491211), that provides issuing BIN sponsorship and payment infrastructure for companies launching card products. It is a financial infrastructure provider, so its products should not be read as bank deposits, and not every BIN used in its programmes is attributable to it.

Services The listed services are BIN sponsorship, card issuing and digital banking services. In practice a fintech or an enterprise can run a card programme under Moorwand's regulated sponsorship, with accounts and payments handled on the same platform.

Payment channels The platform connects to SEPA and UK Faster Payments, covering euro and sterling payments for programme holders.

Customers Published target segments are fintech companies and businesses or enterprises. This describes focus rather than a guarantee of acceptance; each programme goes through its own review.

Office The company is based at Fora, 3 Lloyds Avenue, London EC3N 3DS.

Who it suits The offer suits fintechs that need a regulated sponsor for card issuing and wallet programmes in the UK and Europe. Fees, minimum volumes, supported countries and onboarding requirements are not published and have to be agreed with the company. Moorwand is also named as the card issuer in the programmes of other providers.