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Sciopay

Can Sciopay become the white-label FX and cross-border payments infrastructure layer that enables brands and financial intermediaries to launch embedded payment products without building their own regulated entity?

Founded2019
HQLondon, England, United Kingdom
FoundersSaqib Mirza
IndustryFintech / Cross-border payments
The story

Founded in 2019 as an FCA-regulated Payment Institution, Sciopay built proprietary payment infrastructure enabling businesses and financial intermediaries to embed white-label FX and cross-border payment capabilities. The company evolved from a startup to processing over £3 billion in cross-border payments by 2025, primarily by partnering with IFX Payments as a liquidity and infrastructure rail and offering a no-code platform (ScioHub) enabling brands to launch FX offerings without deep technical investment. Sciopay's embedded finance angle is enabling FX brokers, real estate, logistics, and sports/entertainment firms to monetise cross-border payments under their own brand.

Last 12 months
2025-08
2026-01
2025-08
Product timeline
2019
Sciopay Ltd founded in London as an FCA-regulated payment institution focused on cross-border FX and payments infrastructure.· pivot
2025
ScioHub platform launched supporting mass payments across 150+ jurisdictions; IFX Payments case study published noting £3 billion in cross-border payments processed.· banking
2025
Launched Multi-Currency Settlement IBANs supporting 35+ currencies via a single settlement account across AUD, EUR, GBP, HKD, SGD, and USD.· banking
Regulated entities
1
regulatory licence held by Sciopay
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Sciopay’s embedded-finance stack
Unified APIs
IFX Payments
FX & payouts
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.