iGaming Payment Solutions
Transferra Review
Is It the Right Account Provider for Your iGaming Business?
A London EMI with its own FCA license whose multi-currency account for iGaming firms runs on Clear Junction and OpenPayd virtual IBANs and Wallester cards.
- Trustpilot
- 4.1/5 (88)
- Founded
- Headquarters
- London (Canary Wharf), United Kingdom
- Regulator
- FCA
- Licenses named
- UK, EU, Isle of Man, Curaçao, Malta
London (Canary Wharf), United KingdomQuick Info
- Type
- E‑money institution
- Class
- Own license
- Regulator
- FCA
- 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: on a regulator's register and open to gambling businesses
Summary
Transferra Un Limited has held an FCA e-money authorization since December 2021 and sells iGaming businesses a multi-currency account with Visa cards, bulk payouts and an API on published monthly plans. Trustpilot reviewers give it 4.1. The company lost GBP 0.87 million in the fiscal year ended April 30, 2025. The IBANs are virtual accounts at Clear Junction and OpenPayd and the cards come from Wallester, so for a gambling client the deal turns on whether the partner that issues the IBAN accepts the operator's license.
Strongest Point
For EUR 49 to EUR 399 a month, one login carries 40+ currencies, IBANs in GB, MT and LT, US ACH details, SEPA Instant and Visa cards with Apple Pay and Google Pay, and FX runs at interbank plus 0.5%. The account opens in 3 business days.
Key Limitation
Every IBAN is partner-issued and the card program belongs to Wallester, so the account lasts only as long as three partners keep their appetite for gambling money. Clear Junction, one of the two IBAN issuers, takes gambling businesses only by exception. Transferra, founded in 2020, lost GBP 0.87 million in the fiscal year ended April 30, 2025, on GBP 0.86 million of revenue, after a GBP 1.38 million loss over the previous 17 months. It ended that year with GBP 0.97 million of net assets against GBP 10.14 million of total assets. A 25% one-star share on 88 Trustpilot reviews, mostly refusals with no reason given, is the smaller worry.
Recommendation
Use Transferra when you need many currencies and a card program fast and at a published price, and run it as a working account for affiliate, supplier and day-to-day payments. Keep reserves with a licensee that issues IBANs in your own name. For a UK- or EU-licensed business that can be Equals Money, which holds FCA payment and e-money authorizations. Before you pay the EUR 499 or EUR 999 setup fee, get written confirmation of which partner will issue your IBAN and that it accepts your license, since Transferra's approval at signup does not bind that partner.
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
- Plans from EUR 49 a month and FX at interbank plus 0.5%
- Accepts operators licensed in Curaçao and the Isle of Man as well as the UK and the EU
- Visa cards with Apple Pay and Google Pay, an API and bulk payouts
- Trustpilot 4.1 on 88 reviews, second in this section to Equals Money's 4.7
Cons
- IBANs are virtual accounts at Clear Junction or OpenPayd and cards come from Wallester
- GBP 0.87 million loss in the fiscal year ended April 30, 2025, on GBP 0.86 million of revenue
- 25% one-star reviews on Trustpilot, mostly refusals with no reason given
- No crypto and no acquiring
Ready to open the conversation with Transferra?
Gambling Policy
Whether the company serves iGaming businesses, on what terms, and which licenses and client types it accepts
“designed to solve the exact challenges faced by licensed iGaming operators, affiliates, and service providers”
Our reading
Transferra has targeted iGaming since July 2025 and takes licensed operators, affiliates and service providers, with Curaçao and Isle of Man licensees accepted alongside UK and EU ones. Acceptance by Transferra is only the first step, because the IBAN sits at Clear Junction or OpenPayd and that partner applies its own risk policy to a gambling client.
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
- Financial Conduct AuthorityRead , regulator's extract
Transferra Un Limited · E-money institution · 942346
Authorised Electronic Money Institution (since Dec 20, 2021)
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 · Estonian FSA licensee
- 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
- IBAN in your company's nameNo
Issued by a partner licensee, see the license section
- SEPAYes
SEPA Instant, SEPA Credit Transfer, US ACH
- SEPA InstantYes
Instant euro transfers
- SWIFTYes
40+ currencies, with IBANs in GB, MT and LT plus US ACH details
- CardsYes
Corporate cards on the account
- APIYes
Programmatic access to payments and reporting
- Bulk payoutsYes
Batch payments for affiliates and suppliers
- Crypto or stablecoinsNo
None on the account
- Card acquiring as wellNo
Accounts only, no player collection
| Feature | Status | Details |
|---|---|---|
| IBAN in your company's name | No | Issued by a partner licensee, see the license section |
| SEPA | Yes | SEPA Instant, SEPA Credit Transfer, US ACH |
| SEPA Instant | Yes | Instant euro transfers |
| SWIFT | Yes | 40+ currencies, with IBANs in GB, MT and LT plus US ACH details |
| Cards | Yes | Corporate cards on the account |
| API | Yes | Programmatic access to payments and reporting |
| Bulk payouts | Yes | Batch payments for affiliates and suppliers |
| Crypto or stablecoins | No | None on the account |
| Card acquiring as well | No | Accounts only, no player collection |
Onboarding
- Non-EU companies
- Not stated
- Time to open
- 3 business days
- Licenses named
- UK, EU, Isle of Man, Curaçao, Malta
Pricing, published
Starter costs EUR 49 a month, International EUR 149 a month plus a EUR 499 setup fee, and Holdings from EUR 399 a month plus a EUR 999 setup fee. FX runs 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
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), issues it under Transferra's terms. Transferra holds its own FCA e-money authorization, number 942346, but the IBAN on an operator's statement is a virtual account at one of those two, and the Visa card is issued by Wallester AS in Estonia.
Yes. Transferra takes Curaçao licensees alongside operators licensed in the UK, the Isle of Man and EU states including Malta. The IBAN itself sits at Clear Junction or OpenPayd, and that partner still has to accept the license.
Starter is EUR 49 a month. International costs EUR 149 a month with a EUR 499 setup fee, and Holdings starts at EUR 399 a month with a EUR 999 setup fee. Currency conversion runs at interbank plus 0.5%, and onboarding takes 3 business days.