Accounts & IBANs
Issue dedicated GBP and EUR accounts to your customers and business clients, each with their own sort code and account number.
Electronic Money Institution · United Kingdom
Pakaro is a UK Electronic Money Institution currently in FCA pre-authorisation. We're building the infrastructure for businesses that move money at scale — compliantly, efficiently, and without compromise.
What We're Building
Designed for platforms, marketplaces, and enterprises that need a regulated money layer without the complexity.
Issue dedicated GBP and EUR accounts to your customers and business clients, each with their own sort code and account number.
Convert between major currencies at institutional rates. Reduce FX costs for cross-border payments and supplier disbursements.
Send and receive via Faster Payments, CHAPS, and SEPA. Future-proofed for ISO 20022 with full transaction-level data.
Client funds held in ring-fenced safeguarding accounts, fully compliant with FCA EMR safeguarding requirements.
Built-in KYC, KYB, transaction monitoring, and sanctions screening — so you meet your AML obligations without building it yourself.
RESTful APIs and webhooks built for engineering teams. Comprehensive sandbox, clear documentation, and first-class SDKs.
Regulatory Status
Pakaro is applying for authorisation as an Electronic Money Institution under the Financial Services and Markets Act 2023. We are currently in the FCA pre-authorisation process, with a Firm Reference Number to be confirmed on approval.
Our authorisation will permit us to issue e-money, provide account information services, and facilitate payment transactions across the UK and beyond.
Early Access
We're building with a small group of design partners ahead of full launch. Join the waitlist and we'll be in touch as authorisation progresses.
No spam. We'll only contact you about Pakaro's launch and authorisation milestones.