All Rights Reserved. Babb Group Limited is incorporated in England and Wales with company number 11197989 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. It operates the following subsidiary companies:
Babb Remit LTD,incorporated in England and Wales with company number 10407809 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. Babb Remit Ltd is registered with the Financial Conduct Authority as a Small Electronic Money Institution under the firm reference number 932609.
BABB Remit Ltd (Trading as BABB Remit) is not a bank, but rather a Small Electronic Money Institution (SEMI) registered by the Financial Conduct Authority (FCA). BABB Remit safeguards customer funds in segregated accounts, distinct from its own funds, as required by the Electronic Money Regulations. Unlike traditional banks, BABB Remit does NOT offer the protection of the Financial Services Compensation Scheme (FSCS), which covers bank customers up to £85,000 in case of a bank's failure.
Regulated Decentralised Finance Ltd, incorporated in England and Wales with company number 10803612 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. Regulated Decentralised Finance Ltd is a registered cryptoasset firm with the United Kingdom Financial Conduct Authority (RRN 849446) under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended) in respect of its activities in cryptoassets.