iGaming Payment Solutions
Transferra Review
Is It the Right Account Provider for Your iGaming Business?
A London EMI with its own FCA authorization that resells Clear Junction and OpenPayd virtual IBANs and Wallester cards as a priced iGaming account, from EUR 49 a month.
London (Canary Wharf), United KingdomQuick Info
- Type
- E-money institution
- Class
- Own license
- Regulator
- Financial Conduct Authority
- License
- 942346
- HQ
- London (Canary Wharf), United Kingdom
- Pricing
- Published
Our Verdict: Should You Bank With Transferra?
Final assessment for iGaming operators, studios and affiliates
Tier 2: register-verified and gambling stated on its own site
Summary
Transferra Un Limited has held an FCA e-money authorization since December 2021 and sells a multi-currency account in 40+ currencies with GB, MT and LT IBANs plus US ACH details, SEPA Instant, SWIFT to 200+ countries, Visa cards, Apple Pay and Google Pay, an API and bulk payouts. The IBANs are virtual accounts issued by Clear Junction and OpenPayd and the cards come from Wallester, so a de-risking decision at any of those three reaches Transferra's gambling clients directly. Pricing is public from EUR 49 a month, onboarding is promised in three business days, and the Trustpilot score of 4.1 is the best among the EMIs in this section, although a quarter of reviewers report refusals without explanation. Transferra addresses iGaming in a single July 2025 blog post and nowhere on its main pages, names no clients, and lost GBP 1.38 million in 2024 on GBP 3.93 million of assets.
Strongest Point
Breadth per euro. For EUR 49 to EUR 399 a month an operator gets 40+ currencies, three IBAN jurisdictions, US ACH, SEPA Instant and Visa cards in one login, with FX at interbank plus 0.5% and the onboarding clock set at days. Transferra also says out loud which businesses it wants, licensed operators, affiliates and service providers, and mentions UK, EU, Isle of Man, Curaçao and Malta licensees, which puts it ahead of the licensees here that stay silent on offshore paperwork.
Key Limitation
Dependency and thin footing. Every IBAN is partner-issued and the card program belongs to Wallester, so Transferra's own authorization does not change who holds the account numbers, and the account is only as durable as three third-party risk appetites. The company is five years old, closed 2024 with a GBP 1.38 million loss against GBP 3.93 million of assets, names no clients, and keeps its iGaming case in a blog post instead of a product page. A 25% one-star share on 88 reviews, mostly refusals with no reason given, is the smaller worry.
Recommendation
Use Transferra when you need many currencies and a card program quickly and cheaply, and treat it as a working account rather than the treasury: keep reserves with a licensee that issues its own IBANs. Ask which partner will issue your IBAN and confirm that partner accepts your license before you pay the setup amount, because the IBAN issuer applies its own risk policy to a gambling client whatever Transferra agreed at signup.
Pros
- Own FCA e-money authorization (FRN 942346) since December 2021
- 40+ currencies, IBANs in GB, MT and LT, US ACH, SEPA Instant and SWIFT to 200+ countries
- Public pricing from EUR 49 a month and FX at interbank plus 0.5%
- Operators, affiliates and service providers addressed by name, with Curaçao and Isle of Man licensees mentioned alongside UK, EU and Malta
- Visa cards, Apple Pay and Google Pay, API and bulk payouts
- Trustpilot 4.1 on 88 reviews, the highest of the EMIs in this section
Cons
- IBANs are virtual accounts issued by Clear Junction and OpenPayd; cards are issued by Wallester
- GBP 1.38 million loss in 2024 on GBP 3.93 million of assets
- No named clients
- iGaming lives in a single blog post, not on a product page
- 25% of Trustpilot reviewers report refusals without explanation
- No crypto and no acquiring
Ready to open the conversation with Transferra?
Gambling Policy, in the Provider's Own Words
What the company itself says about serving iGaming, and how we read it
“designed to solve the exact challenges faced by licensed iGaming operators, affiliates, and service providers”
Our reading
Transferra names iGaming only in a July 2025 blog post and nowhere on its main pages. It addresses licensed operators, affiliates and service providers and mentions UK, EU, Isle of Man, Curaçao and Malta licensees without committing to an accepted-license list.
Licenses named as accepted
Client types named
License, Read in the Register
Entity, license type and number as the regulator prints them, with the date we read the entry
| Regulator | Entity | Type · number | Status | Read |
|---|---|---|---|---|
| Financial Conduct Authority | Transferra Un Limited | E-money institution · 942346 | Authorised Electronic Money Institution (since Dec 20, 2021) | Sep 1, 2026, regulator's extract |
Who actually holds the license and the money
- Clear Junction Limited · virtual IBAN provider · FCA 900684
- SettleGo Solutions Limited t/a OpenPayd · virtual IBAN provider · FCA 900483
- Wallester AS · card issuer (the number is the Estonian company code, not a license number) · Estonian FSA 11812882
- Legal entity
- Transferra Un Limited, 13014681
- Headquarters
- London (Canary Wharf), United Kingdom
- Founded
- 2020
- Class
- Own license
Safeguarding of client money
The provider publishes no safeguarding statement we could quote. Ask where client funds are held and under which regime before you fund the account.
The Account
What the operator actually gets on the account, and what it costs to open
| Feature | Status | Details |
|---|---|---|
| IBAN in your company's name | Not available | Issued by a partner licensee, see the license section |
| SEPA | Available | SEPA Instant, SEPA Credit Transfer, US ACH |
| SEPA Instant | Available | Instant euro transfers |
| SWIFT | Available | 40+ currencies; IBANs in GB, MT and LT plus US ACH details; FX at interbank plus 0.5% |
| Cards | Available | Corporate cards on the account |
| API | Available | Programmatic access to payments and reporting |
| Bulk payouts | Available | Batch payments for affiliates and suppliers |
| Crypto or stablecoins | Not available | None on the account |
| Card acquiring as well | Not available | Accounts only, no player collection |
Onboarding
- Non-EU companies
- Not stated
- Time to open
- Days, not weeks; three business days
- Licenses named
- UK, EU, Isle of Man, Curaçao, Malta
Pricing, published
Starter EUR 49 a month; International EUR 149 a month plus EUR 499; Holdings from EUR 399 a month plus EUR 999. FX at interbank plus 0.5%.
Named Clients and Reputation
Who vouches for the provider on the record, and what its own customers say
Named iGaming clients
None named on a first-party source. Every operator using this provider does so without a public reference.
Reputation
88 reviews, 25% one-star, read Sep 1, 2026.
Frequently Asked Questions
3 questions about Transferra
Clear Junction Limited (FCA 900684) or SettleGo Solutions Limited, trading as OpenPayd (FCA 900483), under Transferra's terms. Transferra holds its own FCA e-money authorization, number 942346, but the IBAN on your statement is a virtual account at one of those two, and the Visa card is issued by Wallester AS in Estonia.
Transferra mentions Curaçao licensees alongside UK, EU, Isle of Man and Malta in its iGaming pitch but publishes no accepted-license list. Confirm it for your specific license before you pay the setup amount, and ask which IBAN partner will hold your account, since that partner's policy decides.
Starter is EUR 49 a month, International EUR 149 a month plus EUR 499, and Holdings from EUR 399 a month plus EUR 999. FX is priced at interbank plus 0.5%. Onboarding is quoted at three business days.